W3 D2 Describe Small Business Administration Sba Role Funding New Start Companies Qualific Q34238380

W3/D2

Describe the Small Business Administration (SBA) and their rolein funding new start-up companies. What qualifications arenecessary to receive funding from the SBA? How does the SBAguarantee and how it impacts a business pursuing funds through thisorganization?

Expert Answer

Small Business Administration (SBA) is a United Statesgovernment agency providing support to small businesses assistingthem with loans, venture capital, works as a guarantor for securingbusiness loans. Its role is to provide support to small businessesand entrepreneurs through various programs like helping them secureloans and SBA acts as guarantor, training and advisory support,networking and reset businesses after disasters. It has microloanfacilities for intermediaries, SBIC,