Explore SBA-Backed Loans When Your Business Needs Cash

Where does a contractor turn when he or she needs an infusion of cash to buy a new piece of equipment, launch a new service offering or build a new shop? The first stop for funding toward a new pumper truck or excavator might be the friendly hometown banker who knows you and your business. Or you might approach that well-heeled uncle to invest in your business to help you take that next step. If you exhaust those two options, consider going to the Small Business Administration, a federal agency that doesn’t operate as a bank but acts as a valuable