SBA:  United States Small Business Administration
          National website: www.sba.gov                    San Diego Regional Office: www.sba.gov/localresources/district/ca/sandiego

The U.S. Small Business Administration (SBA) was created in 1953 as an independent agency of the federal government to aid, counsel, assist and protect the interests of small business concerns, to preserve free competitive enterprise and to maintain and strengthen the overall economy of our nation.  We recognize that small business is critical to our economic recovery and strength, to building America's future, and to helping the United States compete in today's global marketplace. Although SBA has grown and evolved in the years since it was established in 1953, the bottom line mission remains the same. The SBA helps Americans start, build and grow businesses. Through an extensive network of field offices and partnerships with public and private organizations, SBA delivers its services to people throughout the United States, Puerto Rico, the U. S. Virgin Islands and Guam.

SBA Loan:  The SBA does not loan money to or for small businesses. SBA loans refer to government backed small business loans through participating lenders.

SBA Lender is an independent entity that lends money and chooses to participate in the SBA loan program.

SBA Grants:  The US governement does not give individuals money to start or grow small businesses. The government does give grants through the SBA to nonprofit organizations, such as the WBCC, to help small businesses with the technical assistance needed to start, grow, and sustain successful businesses.

SBA Financial Assistance:  The SBA provides a number of financial assistance programs for small businesses including 7(a)504 and disaster assistance loans. Within this section, we’ll review eligibility requirements, SBA’s loan programs, surety bonds and the role of SBA, equity capital topics, special purpose loans, SBA partner topics and 7(a) lender programs.  Though the SBA does not provide grants to help you start a business, included is information on organizations and sites that can assist you in locating special purpose grants. www.sba.gov/services/financialassistance/index.html 

Technical Assistance (TA):  Technical Assistance refers to assisting businesses with the technicalities of starting, growing, and sustaining a business. Assistance areas include but are not limited to: licensing, legal structures, financing, marketing, accounting, taxes, etc.

TA Providers:  'In addition to the WBCC, entrepreneurs and small business owners can receive technical assistance through the SBA's Small Business Development Centers and SCORE programs. San Diego: www.sbditc.org,  www.score-sandiego.org

Non-Profit Small Business Lender ACCION:  ACCION San Diego, your partner for small business loans! www.accionsandiego.org
ACCION San Diego is a non-profit organization striving to bring economic opportunity to small business owners in San Diego County. By providing small business loans and support to entrepreneurs who lack access to traditional forms of credit, our goal is to help them create their dreams, provide for their families and contribute to their communities.  

CDC Small Business Finance:  CDC Small Business Finance - The Nation's Largest SBA-504 Lender! www.cdcloans.com
CDC Small Business Finance is committed to helping small businesses grow throughout California, Arizona and Nevada. In over 30 years CDC has provided more than $5 billion in SBA-504 loans and other funding, resulting in more than 100,000 jobs. We partner with over 100 private lending institutions that consistently choose us for our expertise, reliability, experience and extraordinary service.

 

 

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