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The Recovery Capital Loans Program offers deferred payment loans in the ceiling amount of $35,000 which could be payable for up to 5 years, and will not begin until 12 months after the final disbursements of funds are made.
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The program is primarily designed to help small businesses pay for existing, qualifying small business loan for an period of time that does not exceed six months.
The Small Business Administration will also accept any type of available collateral in order to secure loans that are made under the Recovery Capital Loans Program.
To know more about this program, visit Topgovernmentgrants.com or go to the SBA.gov website.
Small Business with less than 500 employees will be eligible to take part in the Recovery Capital Loans Program.
The Small Business Administration, the principal agency funding this program, is primarily responsible for the maintenance and strengthening of nation's economy and they seek to achieve this by aiding, counseling, assisting and protecting the interests of small business establishments.
In the year 2009, the Small Business Administration has administered an estimated $255,000,000 for the Recovery Capital Loans Program.
Small Business Administration's Recovery Capital Loans
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About The Author The TopGovernmentGrants Editorial Staff maintains one the most comprehensive Websites offering information on government grants and federal government programs. The staff also provides resources to other Websites with information on environmental grants and grants for youth programs. |
Additional Government Grants Resources
US Environmental Protection Agency: Russian Arctic Black Carbon, Reduction of Black Carbon from Diesel Sources
The Artic Black Carbon: Reduction of Black Carbon from Diesel Sources project offers a funding opportunity to interested applicants as they work towards assessing primary black carbon sources in the Russian Arctic.
Minor Use Minor Species Development of Drugs: Research Project Grant
The National Institutes of Health has partnered with the U.S. Food and Drug Administration (FDA) and the Center for Veterinary Medicine(CVM) in an effort to establish the Minor Use Minor Species Development of Drugs: Research Project Grant.
National Science Foundation announces the Cyberlearning: Transforming Education Program
The Cyberlearning: Transforming Education is a program wherein the NSF will provide funding for research proposals that aim to explore opportunities associated with the promotion and assessment of learning techniques through the help of new technologies, taking advantage of the application of those technologies, and the utilization of those technologies in the process of promoting deep and lasting learning of content, practices, skills, attitudes, and dispositions that are essential in becoming an engaged and productive citizen.
Biodemography of Aging Program
The National Institutes of Health has formed a partnership with the National Institute on Aging (NIA) in an effort to establish the Biodemography of Aging Program wherein they intend to solicit applications with the intent to conduct research studies regarding demographic and life-science approaches that could potentially expand the current understanding of aging, frailty and mortality.
Cancer Education Grants Program
The Cancer Education Grants Program has been existent since the year 1994 and has long been providing support to innovative cancer education grants program that aim to translate the knowledge obtain from the research studies into actual public health applications.
California Homebuyer's Downpayment Assistance Program for First Time Home Buyers
The California Homebuyer's Downpayment Assistance Program is a deferred payment junior loan that can be used in conjunction with other CalHFA housing programs. It provides borrowers with funds amounting to 3% of the actual value of the property that they wish to inquire in order to cover the downpayment costs.
How to Apply for a Federal Grant
In this article, we are going to provide you with detailed instructions of how you can flawlessly and successfully submit an application for your preferred funding opportunity.
Social Entrepreneurship
Spotlight
Why People Buy from Social Enterprises?
The Guardian has compiled a list of responses to its latest open thread, and has announced the winner of the social enterprise gift hamper packed with presents.
