An additional $50 million in loans and $24 million in technical assistance and counseling programs is available from the U.S. Small Business Administration's Microloan Program. Accion USA, Inc., located in Manhattan, has been approved by the SBA as a microlender.
A microlender can lend up to $35,000 to a small business owner to use for working capital and to acquire materials, supplies, furniture, fixtures, and equipment.
Details about the Microloan Program are on the SBA website.
