Getting a Microloan from the Federal Government

microloanDigital Women founder, Rebecca Game, writes how the federal government is providing microloan programs designed to help entrepreneurs and business startups get loans for business growth and development.

Under this government loan program the Small Business Administration, (SBA) will make funds available to nonprofit community based lenders (also known as intermediaries) which, in turn will make loans available to eligible borrowers in amounts of up to $35,000.”

Rebecca lists down and explains the terms, interest rates, collateral, and finding an intermediary of this federal government-supported loan program.

Read the article: Uncle Sam’s Money and How to Get a Micro Loan | Top Government Grants