BizSugar.com › Raising Capital › SBA Microloan Program Celebrates 25 Years

This week marks 25 years since the U.S. Small Business Administration (SBA) launched its Microloan Program. The program is designed to support microlending to businesses throughout the United States by providing loan capital and grants. The aim is to provide small businesses, otherwise unable to secure capital, with the financial support required to grow their businesses and create and retain jobs.
Having access to low interest funding is a challenge many small businesses face. As is having the right technical knowledge and assistance required to operate, manage and develop a successful business.