Within the last few weeks, various components of the stimulus package have seen funding released from the federal government to states and cities throughout the nation. Solar business owners and other renewable energy businesses are happy to see the tax credits, grants and other programs available in the stimulus package. Much of the $5B in weatherization programs is now or soon will be available as are non-related grant monies and loan guarantees.
We have only begun to see the ripple affect of the availability of these monies for all businesses. While the credit crunch remains with major financial institutions, many small to mid-sized regional banks are back in business lending to small business owners through SBA and other initiatives. Several of our clients have utilized our business plans to obtain SBA funding recently, an option we encourage all business owners to consider.
Contact tim@thebusinessplanconsultants.com for a free consultation on your business plan and how private investment capital or SBA loans may be available for expansion or startup.
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