How to get a small business loan from the government

How to get government loan for small business - The sba has established maximum loan maturities: 25 years for real estate, up to 10 years for equipment (depending on the useful life of the equipment), and generally up to seven years for working capital. The business plan should include a company overview, industry analysis, marketing plan, and a complete set of projected financial statements, including profit and loss, cash flow, and a balance sheet. Many state and local governments offer loans or other business incentives to help start-up businesses, to attract businesses, or to keep businesses from moving out of the area. Businesses and start-up companies need capital to fund new product or service development, buy equipment or hire new employees in advance of an anticipated business expansion.

How to Get a Small Business Loan or Government Grant

http://www.getbusinessfunding.org Whether you are planning to launch a new start up or you want to expand your current ...