Sources of Small Business Loans for Women


You are a women entrepreneur looking for a small business loans to start up your venture or fund your on-going financial crisis. Rest assured, because there are state and federal government agencies which have framed financial assistance programs to help you meet your requirements. If you have an excellent idea and the right motivation to reach your goals, finance will not be a problem. All you need to do is to take the right approach and knock the right doors.

business loans for women

The agencies that generally extend financial grants and assistance to women are as follows:

Minority Business Development Agencies

These development agencies under the U.S. department of commerce have special loan granting programs for women & minorities. They start with counseling on the type of grants suitable for your business. If required they also help you choose a private or government aided business, make a grant proposal and explore other possible funding opportunities.

Environmental Protection Agency Grants

Environmental Protection Agency Grants (EPA) are another source of finance for the women entrepreneurs. EPAs have small business loan quotas for women owned ventures in the services, real estate, equipment and supplies sector. Recent legislation has ordered the EPAs to include more women & minority suppliers and contractors. The office of small disadvantaged business utilization looks after the women and minority grants program under the EPA grants.

Small Business Administration Programs (SBA)

Women & minority entrepreneurs cannot find a better funding source than the small business administration programs. The objective of SBA is to promote and develop small business in the US and create opportunities especially for the minority & women owned businesses.

A thorough research work should be done before applying for such grants because there are only a few agencies that specialize in minority and women business loans at reasonable rate of interests. So, look carefully into various funding opportunities, gather all the necessary information, draft a grant proposal and apply with proper documentation in time. You are certain to get your grant sanctioned. For more discounted offers on small business loans for women have a look – http://www.biz2credit.com/get-a-loan/business-loans-for-women.html

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