U.S. Small Business Administration’s Post

Through the microloan program, small businesses and certain nonprofits can borrow up to $50,000 for startup and expansion costs. The average microloan is about $13,000. Find an authorized intermediary microloan lender near you: https://lnkd.in/dbW5iS5

Narine Emdjian, MBA

Federal Funding Expert Helping Startups & Nonprofits To Raise Non-Dilutive Capital

2w

While this is great but don’t you think average rate between 8%-13% is too much for a nonprofit or a struggling small business?

Thank you for sharing this information.

Sarmad Siddique

Project Coordinator| Business Plan Writer| SBA

2w

Great service to the small business owner to flourish their business!

Mary Barnett

Fractional CMO & Marketing Advisor🎤Public Speaker 📲Software CEO | When I'm not helping clients ✅Capture Leads 👫Engage Customers & 🔁Drive Repeat Sales, I enjoy coffee & binge-watching comedies!

2w

Exciting! So helpful for so many businesses!

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