When you are in business for yourself, you need to realize that you have to take full advantage of EVERYTHING that is available to you. I understand that locating money for your business needs is not as easy as ordering a grant book from a guy on television with question marks all over his suit suit, but the truth is YOU CAN INDEED use the federal government to grow your small business.
The government backed loans that you want to look into is the Small Business Administrations (SBA) GAAP loan used for business expansion. Now, you may be thinking that obtaining Federal Government small business loans through the SBA would be rather difficult, but what if I were to tell you that 99.9% of EVERYONE that applies gets the loan immediately? Truly amazing is not it. For many years, the Federal Government small business loans have been granted to the general public, it's simply a matter of locating the one that is best for you.
Getting back to the GAAP line / loan, there is not a better or easier way for you to fund your business. Here are a few of the points why it is such a good thing to go after.
1. It is an unsecured line, which means that there are no assets or collateral needed to obtain the loan.
2. It is quick. The approved funds can be in your account in 10 business days.
3. Extremely low interest rates, because they are government backed.
4. Almost everyone is approved.
The trick to obtaining these loans is to find them. We have made our business out of jus locating these sources and you would have surprised at just how many government backed programs are available. All are nationwide and you simply have to know the right person to contact and let them know what you need.
So to wrap things up …. Can you locate and use the Federal Government to fund your small business in the form of a loan? Yes indeed you can.