In FY2012, the SBA is focused on implementing a number of key initiatives, ...... returning lenders with better customer service and an average payment time of ...
Overview of Budget Request ..................................................................................................................... 1 Understanding the Budget Tables ............................................................................................................ 9 Budget Tables ........................................................................................................................................... 11 FY 2013 Performance Plan and FY 2011 Annual Performance Report ................................................ 24 Strategic Goal One – Growing businesses and creating jobs ................................................................ 28 Strategic Goal Two – Building an SBA that meets the needs of today's and tomorrow’s small
businesses .............................................................................................................................................. 76 Strategic Goal Three – Serving as the voice for small business ............................................................ 99 Appendices (located online at FY 2013 Congressional Budget Justification and FY 2011 Annual Performance Report: www.sba.gov/performance) Appendix 1 – Appropriations Language Appendix 2 – Data Validation and Certification
Appendix 3 – New and Discontinued Indicators
Appendix 4 – Addendum to FY 2011-2016 Strategic Plan
Appendix 5 – SBA Programs and Offices
Appendix 6 – Glossary of Acronyms and Abbreviations
i FY 2013 Congressional Budget Justification and FY 2011 Annual Performance Report
Primer of SBA’s Principal Programs
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Access to Capital (www.sba.gov/financialassistance) The SBA works with private and nonprofit lending partners to help tens of thousands of businesses each year, currently managing a portfolio of over $83 billion in 7(a), 504, and microloans.
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7(a) Loan Guaranties — The SBA offers government guaranties on loans (up to $5 million) made by commercial lenders to help expand access to capital for business owners who face challenges in getting approved for financing. The SBA guarantees a portion of 7(a) loans made and administered by commercial lending institutions. Loans can be guaranteed for a variety of general business purposes.
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504 CDC Loan Guaranties — These are long-term, fixed-rate loans (up to $5.5 million) for major assets such as real estate and heavy equipment. Loans are delivered by certified development companies (CDC) which are private, non-profit corporations. CDCs work with the SBA and private lenders to provide the financing. The SBA guarantees a portion of these loans.
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Microloans — These loans (up to $50,000) are designed for small businesses needing small scale financing and technical assistance for start-up or expansion. They are delivered through intermediary lenders, which are nonprofit community-based organizations with experience in lending and technical assistance.
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Surety Bonds — A surety bond is a type of insurance that guarantees performance of a contract. If one party does not fulfill its end of the bargain, then the surety bond provides financial compensation to the other party. The SBA guarantees bonds issued by a surety company in order to encourage the surety company to provide bonds to small businesses.
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Opportunities in Government Contracting (www.sba.gov/contracting) The SBA leads federal efforts to deliver at least 23 percent of federal contracts to small businesses.
FY 2016 Congressional Budget Justification and FY 2014 Annual Performance ..... enabling the SBA to monitor small business trends on the site as well as to.
Apr 1, 2011 - SBA 7(a) and 504 programs have assisted more than 19,000 small businesses in FY 2011. ... economic potential of wind energy in ..... assistance during seasonal cash flow slumps, and payments to transition to new types of.
Apr 1, 2011 - entrepreneurship, increasing small business exports, and much more. On that note, we would like ..... Total Number of SBA Loans Made to More ..... The Recovery Act also provided $800 million to farmers and ranchers whose.
Apr 1, 2011 - entrepreneurship, increasing small business exports, and much more. ...... computers, software, and accessories to increased the ...... minority women, with minority women-owned firms accounting for more than half of.
Small Business Profile: Montana, Page 1. Published in February 2013 by the U.S. Small Business Administration, Office .... Forestry, etc. and agriculture support.
set forth at 13 CFR part 121, are used to determine eligibility for all SBA and Federal ... SBA's size rules also apply to small business loan programs and grant ... Example: The contracting officer assigns NAICS code 541519, Other Computer.
