The Small Business Administration (SBA) is a U.S. government agency, formulated in 1953, that operates autonomously. SBA annually grants SCORE the funds to oversee approximately 350 chapters of volunteers who provide free mentoring and counseling to entrepreneurs and small business owners. Applying for an SBA loan is like applying for a regular commercial loan – except this may be the last resort for your businesses because you have to have been turned down for a business loan on your own. The commercial banks are associated with SBA and other financial bodies to provide funds to the business community of Arizona.
The charter of the Office of Small Business was primarily educational, predicated on the stance that the lack of success of many business was insufficient access to information of operating a business and business skills. The Small Business Administration in the US has many funding programs for businesses that want …