Conducting an Oral Presentation

1
U.S. Small Business Administration Programs
Services
2
SBA Mission Statement

• To maintain and strengthen the Nations economy
  by enabling the establishment and vitality of
  Small Businesses and by assisting in the economic
  recovery of communities after disaster.

3
SBA Partner to the Entrepreneur
4
7(a) Loan Program

• The Recovery Act
• Guarantee 90 on all 7(a) Loans
• Standard 7(a), CLP, PLP
• Community Express,
• Patriot Express
• Export Express
• Gulf Opportunity EXCEPT
• SBA Express 50 Gty.

• Regular 7a
• Guarantee 85 of Loans lt150,000
• Guarantee 5 of loan .150,000 up to 2 million
• Loan Proceeds Refinancing, Purchase Land or
  buildings, Line of Credit, Working Capital, or
  Inventory. Flexibility

5
7(a) Higher Guaranty Extended

• 7(a) 90 guaranty has been extended until
  February 28, 2010 or earlier if funds are
  exhausted

6
Elimination of Guaranty Fees

• 7(a) Loan Guaranty fees paid by the borrowers
• 504 Development Company program fees paid by the
  borrowers
• Guaranty fees elimination has been extended until
  February 28, 2010 or earlier if funds are
  exhausted

7
7(a) Loan Program

• Terms
• ? 7 to 10 years for working capital and
  equipment
• ? Up to 25 years for fixed assets
• - real estate and construction
• Interest Rates
• ? Negotiated between borrower and
• lender
• ? Typically cannot exceed prime rate plus 2.75

8
ARC LOAN PROGRAM

• New, temporary, guaranteed loan program
• Up to 35,000
• Interest-free to borrowers
• Deferred payment loan
• SBA pays interest to lender at WSJ Prime 2
• No fees charged by SBA or Lenders to borrowers,
  other than direct costs of securing and
  liquidating collateral
• Loans available until funds run out or 9/30/2010

9
Patriot Express Loan

• Loans up to 500,000
• 85 on loans of 150,000 or less
• 75 on loans over 150,000
• Terms same as 7(a) loan
• Use of proceeds same as 7(a) loan
• Interest rate 2.25 TO 4.7 over prime

10
Federal Procurement Opportunities

• 8(a) Business Development Program
• Socially Economically Disadvantaged
• Small business concern
• 51 Ownership required
• Owned by a U.S. citizen
• Day to Day Control
• For businesses in operation 2 years
• 250,000 personal Net Worth

11
Procurement Opportunities

• Small Disadvantaged Business Program
• Socially Economically Disadvantaged
• 51 Ownership required
• Day to Day Control
• For businesses in operation 2 years
• Other persons, including women persons
• of any race
• 750,000 personal Net Worth

12
SBA RESOURCES PARTNERS

• FREE ONE ON ONE COUNSELING
• BUSINESS and MANAGERMENT
• Small Business Development (SBDC)
• [phone]
• SCORE (Counselors to America Small Business
• [phone]

13
??? CALL US ???

• U.S. SMALL BUSINESS ADMINISTRATION
• STROM THURMOND FEDERAL BUILDING
• 1835 ASSEMBLY STREET, SUITE 1425
• COLUMBIA, SC 29201
• Telephone [phone]
• Web Address www.sba.gov/sc

14
Thank You!