U.S. Small Business Administration

1. U.S. Small Business Administration Programs & Services Available for Your Small Business You’ve decided to go into business, let us in the SBA help you grow. The SBA Advantage — Resources and Programs for Success 1

2. Starting and Expanding Your Business Do you need assistance? • Business Counseling • Developing a business plan • Making contacts • Accessing business resources • Reviewing your loan package • Preparing for Federal contract opportunities 2

3. Starting and Expanding Your Business The SBA and its resource partners provide business education and counseling programs across the country. • SCORE • Small BusinessDevelopment Centers • Women’s Business Centers • Small Business Training Network • Procurement Technical Assistance Centers 3

4. Reaching the Underserved SBA strives to reach those underserved by our programs including: • Women • Veterans • Minorities • Native Americans • Young Entrepreneurs 4

5. Financing Options for Your Business SBA financial assistance programs can help you: • Start and grow your business • Export your goods and services • Recover from a disaster SBA is primarily a guarantor of loans made by private and other institutions. The SBA does not offer grants to start or grow small businesses. 5

6. Do You Know Your Financing Options? • Loans Guarantees for: • Inventory and working capital • land and buildings • Refinance existing business debt • Surety bonds for small and minority construction contractors • Venture capital investing • Export assistance • Disaster assistance 6

7. SBA Loan Guarantee Approval Considerations • Owners and operators ofgood character • Feasible business plan • Management expertise andcommitment necessary for success • Sufficient funds, including SBA guaranteed loan, to operate the business on a sound financial basis • Adequate equity invested in the business • Sufficient collateral • Ability to repay the loan on time from the projected operating cash flow 7

8. The 7(a) Loan Program • SBA’s primary business loan program • Broad eligibility requirements • Wide range of financing needs • Used for Franchise financing • Maximum loan amount of $5 million • Maximum guaranty can not exceed 90% of loan • Look at Your SBA District’s Resource Guide for different programs • Found at www.sbaguides.com 8

9. Patriot Express Initiative Loan Can be used for: • Start-up • Expansion • Equipment purchases • Working capital • Inventory purchases • Business real-estate purchases 9

10. Patriot Express Initiative Loan Patriot Express loans qualify for the SBA’s maximum guaranty: • $450,000 (90 percent) • Lenders are required to takeall available collateral forloans between $350,000and $500,000 • Certification of U.S. Immigration Laws compliance is required 10

11. CAPLines Loans Short-term, cyclical working capital • Maximum loan amount: $5 million • Maximum guaranty = 90% • Uses: short-term/seasonal revolving line of credit • Maturity: up to 5 years • Maximum interest: vary with amount/type/length of loan • Guaranty fees: vary with amount/ type of loan 11

12. Microloans • Maximum loan amount: $50,000 • Offered by Intermediaries • Uses: purchase machinery, equipment, fixtures, working capital, leasehold improvements, increased receivables • Maturity: 6 years or less • Maximum interest: negotiable • Guaranty fees: none 12

13. 504/Certified Development Company Program • Maximum loan amount: $5M to $5.5M • Maximum guaranty: 50% • Project costs: financed by 504 Loan 40% • lender finances — 50% • equity finances 10-20% • Uses: long-term; fixed assets; debt refinancing • Maturity: generally 10 - 20 years • Maximum interest: fixed rate established when debenture backing sold • Guaranty fees: Eliminated thru 31 Dec ‘10; other factors may apply 13

14. International Trade Financing • National Export Initiative • 96% of the world’s customers reside outside the U.S. • Conducting foreign businessis easier than ever • Global communicationsenhance business opportunities • Exports create jobs in the U.S.A. 14

15. The Surety Bond Guarantee Program SBA has two program options available: • Prior Approval Program (Plan A): • SBA guarantees 90% of a surety’s paid losses, expenses on bonded contracts up to $100,000and on bonds for socially and economically disadvantaged HUBZone contractors andveterans & service-disabled veterans. • All other bonds guaranteed in the Plan A program receive an 80% guarantee. • Preferred Surety Bond Program (Plan B) • SBA guarantees 70%, but sureties may issue, monitor and service bonds without SBA’s prior approval. • Maximum bond maximum amount $2 million 15

16. Small Business Innovation Grants 1. Small Business Innovation Research (SBIR) • Reserves a percentage of government R&D funds for small businesses • Participating agencies: Departments of Agriculture, • Commerce, Defense, Education, Energy, Health and Human Services, Homeland Security, Transportation; • Environmental Protection Agency; NASA and the National Science Foundation 2. Small Business Technology Transfer (STTR) • Reserves a percentage of government R&D funds for small businesses and nonprofit research institutions • Participating agencies: Departments of Defense, Energy, Health and Human Services; NASA and the National Science Foundation 16

17. Federal Contracting The HUBZone Program • Federal set-asides or; • Sole-source awards • Price evaluation preference • Qualified tracts throughout States & Territories • Identified at www.sba.gov/HubZone 17

18. The 8(a) Business Development Program • Program for women, disadvantaged individuals, service-disabled veterans and others in social or economic disadvantage. • Offers assistance to businesses competing for federal contracts. • Sole-source or competitive Federal contracts. • 7(j) Management and Technical assistance. 18

19. Women-Owned Small Business Program • Approved 1 Oct 2010, implementation to be made after 4 February 2011. • To Qualify: • Woman/Women Directly Own, Control & Manage Daily Operations • Woman/Women must be U.S. Citizens • Economically Disadvantaged WOSB • Plus • Net Worth $750,000 • Income not exceeding $350,000 • Assets not exceeding $6m • More info at www.sba.gov/wosb

20. Your Voice in Government • The SBA Office of Advocacyworks to ensure proposed federal rules and regulations will not unfairly impact small businesses. www.sba.gov/advo • The SBA Office of NationalOmbudsman assists smallbusinesses subjected to unfairaudits, fines or enforcementactions. www.sba.gov/ombusdman 20

21. SBA on the Internet www.sba.gov • Easy-to-find information tohelp small businesses start, grow and succeed. • Small Business Training Network — an online virtual campus offering free courses, work-shops and resources. www.sba.gov/espanol • Ayuda en Español www.business.gov The official resource to help businesses find: • Compliance information • Contacts at government agencies www.franchiseregistry.com • SBA assistance for Franchisors and Franchisees 21

22. SBA Resource Partners in Florida • Florida Small Business Development Center (SBDC) Program • www.floridasbdc.com • SCORE Florida • www.scoreflorida.org • Women Business Center (WBC) Program • Jacksonville: www.myjaxchamber.com • Melbourne: wbc.fit.edu • Miami: www.flwbc.org • Procurement Technical Assistance Center (PTAC) Program • www.fptac.org • Veterans Business Outreach Center • www.vboc.org • Assistance for Spanish Speakers • www.hbifflorida.org 22

23. Your SBA For more information about your local SBA resources go to: www.sba.gov Resource guides @ www.SBAGUIDES.com 23