Tag: Microfinance programs

Government Loan For Federal Small Business

US government offers a number of federal small business loans for the small business entrepreneurs. The US government really wants to see the small businesses grow and that is why, it has created several specialized programs for small business owners. It is a fact that small businesses create more employment opportunities than large businesses and that is why it becomes important to allow small businesses to thrive in these tough economic times.

SBA

In addition to that, a huge number of people have recently lost their jobs due to the worldwide recession. Because they do not become successful in finding another comparable job, most of them choose to start up their own small business. In that case, they need finance to continue surviving and government makes its best efforts to help them out.

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Get Business Funds For SME And Female Entreprenuers

Women form a huge part of small business sector of today. There has been a tremendous increase in the number of women enrolling business womenin business and finance related programs in the universities around the world. Therefore, it is not a surprise that 28% of all the small businesses have been owned by women and 55% of all the new startup businesses are also owned by women.

Just like any other kind of business, a women-owned business also needs to be properly capitalized. There are several programs run by the government that provide loans to women business owners, that a comparable men-owned business would not have even qualified to apply. As a result, the number of women-owned businesses increased by 19.8% from 1997 to 2002. At the same time, the employment opportunities created by women-owned businesses also grew by 150%. Continue reading “Get Business Funds For SME And Female Entreprenuers”

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