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November 11, 2014
SBA Microloan Program Now Available Statewide!
Announcing Statewide Access to Capital for Small Businesses
The U.S. Small Business Administration’s Microloan Program is now available for all 159 Georgia counties. In today’s economy, businesses need help and in some cases cannot qualify at the banks as in the past. We want to be there to help Georgia’s small businesses in these times of need. Loans are available from $500 to $35,000, and rates vary upon credit and market risk.
Use of Funds: The loan funds can be used for the expansion of an existing business or for the creation of a start-up business. In addition, the funds may be used for working capital as well as for the purchase of equipment or inventory. They cannot be used for personal expenses or solely for debt consolidation. Loans are available in all Georgia counties.
Where can I find out more information?
There are five SBA Microlenders in Georgia that cover the entire state:
Albany Community Together Counties served: Baker, Bibb, Calhoun, Chattahoochee, Clay, Colquitt, Crawford, Crisp, Decatur, Dooly, Dougherty, Early, Grady, Harris, Houston, Lee, Macon, Marion, Meriwether, Miller, Mitchell, Muscogee, Peach, Pike, Quitman, Randolph, Schley, Seminole, Stewart, Sumter, Talbot, Taylor, Terrell, Thomas, Troup, Upson, Webster, Worth. www.albanycommunitytogether.com
ACE Loans Counties served: Baldwin, Banks, Barrow, Bartow, Butts, Carroll, Catoosa, Chattooga, Cherokee, Clarke, Clayton, Cobb, Columbia, Coweta, Dade, Dawson, DeKalb, Douglas, Elbert, Fannin, Fayette, Floyd, Forsyth, Franklin, Fulton, Gilmer, Gordon, Greene, Gwinnett, Habersham, Hall, Hancock, Haralson, Hart, Heard, Henry, Jackson, Jones, Jasper, Lamar, Lincoln, Lumpkin, Madison, McDuffie, Monroe, Morgan, Murray, Newton, Oconee, Oglethorpe, Paulding, Pickens, Polk, Putnam, Rabun, Richmond, Rockdale, Spalding, Stephens, Taliaferro, Towns, Union, Walker, Walton, Warren, White, Whitfield and Wilkes.www.aceloans.org
Atlanta MicroFund Counties served: Cherokee, Clayton, Cobb, DeKalb, Douglas, Fulton, Gwinnett, Henry, Newton and Rockdale. www.atlantamicrofund.com
DeKalb Revolving Loan Fund Counties served: Clayton, Cobb, DeKalb, Douglas, Fayette, Fulton, Gwinnett, Henry, Newton and Rockdale . www.debco.org
Small Business Assistance Corporation Counties served: Appling, Atkinson, Bacon, Ben Hill, Berrien, Bleckley, Brantley, Brooks, Bryan, Bulloch, Burke, Camden, Candler, Charleton, Chatham, Clinch, Coffee, Cook, Dodge, Echols, Effingham, Emanuel, Evans, Glascock, Glynn, Irwin, Jeff Davis, Jefferson, Jenkins, Johnson, Lanier, Laurens, Liberty, Long, Lowndes, McIntosh, Pierce, Pulaski, Screven, Tattnall, Telfair, Tift, Toombs, Treutlen, Turner, Twiggs, Ware, Washington, Wayne, Wilcox, Wilkinson.www.sbacsav.com
For more about SBA financing in Georgia visit: