ways the Small Business Administration assists entrepreneurs.
Discuss several ways the Small Business Administration assists entrepreneurs.
The SBA can help small businesses in many ways. One way is debt financing which is where they can help create a plan to successfully get a business out of debt they may have accrued. Also, they have a guaranteed loan program which guarantees that the loans will be repaid. SBA also has a venture capital program that they made to help small businesses receive the investments they need for growth. They are not a bank, so they do not invest but they have qualified private investment funds.