Tag Archive | business

SBA Launches LINC, Empowering African American Women Business Owners

Originally posted on TV One:

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In February, the Small Business Administration launched LINC—Leveraging Information and Networks to Access Capital. According to SBA.gov, LINC is a simple way to connect prospective SBA lenders to small businesses in need of capital.

“Once you fill out the form, your business information will be sent to participating SBA lenders who will contact you within 48 hours should there be a match.”

In a recent blog post on SBA.gov, Small Business Administrator, Maria Contreras-Sweet wrote:

There’s a hunger among entrepreneurs to find financing to get their business off the ground or take the next big step in their expansion plan. Across the country, thousands of small business owners pound the pavement every day looking for term loans, equipment financing, lines of credit, invoice financing, and real estate loans to help them hire and grow. But too often, they’re wasting time they don’t have cold-calling…

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