Small Business Resources
Financing Your Small Business
BusinessFinancing.org includes information on options for financing a small business. The main types of available financing are included as well as the benefits and advantages of the different types of sources.
SBA.Gov is the official business link to the U.S. Government. Included is information about grants and loans and other special topics. From this page there is also a link to licensing and permit requirements in Tennessee and other states, and a guide to regulations covering particular industries.
- Assistance Listings
Formerly the Catalog of Federal Domestic Assistance (CFDA), Assistance Listings is the U.S. government resource for all federal assistance listings open to state, local, tribal, and territorial governments; for-profit and nonprofit institutions; and individuals. This page features links to a quick start guide to help users navigate the site and to the search for assistance listings. You can also download PDFs of past years’ CFDAs.
- First Step Business Loan Review
First Step is a screening tool developed by the National Business Association to help smaller businesses (less than 100 employees and annual sales of less than $5 million) determine the likelihood of success in gaining a guaranteed loan. If you gain a score of 70 or more on First Step, then the next step would be to find a lender who is SBA certified for loans. The Small Business Administration guarantees loans from lenders for those qualified.
- Guide to Loan Programs
American Business Credit has development an Easy to Follow Guide to SBA programs which explains what each loan entails and how it may help a small business.
- Small Business Administration
The Small Business Administration has information on how to generate capital for your small business, what they can do to help, and some basics on financing.