Grants For Small Business

Small Business Administration Grants

The U.S. Small Business Administration (SBA) assists small business owners to start and expand their businesses by helping them get grantss through private banks and financial institutions. SBA is the largest single financial backer for the nation's small businesses with a portfolio of business grantss, grants guarantees and disaster grantss worth more than $45 billion, in addition to a venture capital portfolio of $13 billion.

SBA offers a number of low-interest grants programs for new and expanding small businesses. SBA is not a lender, and does not grant grantss directly to businesses. Rather, SBA is a guarantor of grantss made by privately owned banks and other financial institutions that agree to follow SBA's guidelines.

To apply for an SBA grants, you need to visit your local participating bank or lending institution. When you apply for an SBA grants you are actually applying for a commercial grants, structured according to SBA requirements, which receives an SBA guaranty. This guaranty is portion of the grants the SBA will pay back to the lender should you default on your grants payments.

SBA's Financial Assistance Guide describes SBA grants programs, including eligibility requirements, and how to apply for them.

Remember, that you'll need to go through a local bank or financial institution to apply for an SBA grants. To get a list of SBA lenders in your area, contact your SBA District Office.