Secondary Market Lending Authority Program
Page 2

To understand this program further, one must first get acquainted with the idea of a secondary market. Simply put, a secondary market is the type of market that makes it possible for investors to purchase assets and securities from other investors, instead of buying them directly from the issuing companies themselves.

With that idea, the Secondary Market Lending Authority revolves around the working notion of enabling secondary market broker dealers to obtain direct loans in order to finance their inventory of SBA guaranteed loans, which they can then resale in the secondary market.

Small Business owners will then be able to directly avail of loans from the profit organizations that have signed up for Secondary Market Lending Authority Program.

For-profit organizations in the trades of Business or Commerce will be considered eligible to participate in this program.

The Small Business Administration, the principal agency overseeing the Secondary Market Lending Authority, is the country's leading agency that is dedicated to strengthen and maintain the nation's economy by way of assisting, counseling, aiding and protecting the best interests of small business establishments.



Secondary Market Lending Authority Program
  Back to Page 1

About The Author

Iola Bonggay is an editor of TopGovernmentGrants.com one the the most comprehensive Websites offering information on government grants and federal government programs.

She also maintains Websites providing resources on environmental grants and grants for youth programs.




Additional Government Grants Resources


Katrina Cash Crisis Continues
The need to continue giving aid to the victims of Hurricane Katrina must remain a priority ... It's now months after the American Gulf Coast was devastated. Billions have been spent in relief, but bi...


Pilot Studies of Innovative Treatments in Mental Disorders Project
The National Institutes of Health has recently collaborated with the National Institutes of Mental Health (NIMH) to establish the Pilot Studies of Innovative Treatments in Mental Disorders Program.


Financing Your Education - Federal Perkins Loans
The Federal Perkins Loan Program helps those undergraduate postsecondary students that cannot afford their educational expenses without financial assistance with a low interest loan. The loan is in place to help them meet their educational expenses to the completion of a postsecondary degree.


Physical and Engineering Sciences in Oncology
The National Science Foundation, in close cooperation the National Cancer Institute, has recently developed the Physical and Engineering Sciences in Oncology Program wherein they intend to obtain a more thorough understanding of cancer disorders with the application of physical and engineering sciences.


Government Grants within the United States Agricultural Sector
The agriculture industry is one of the key players in the sustenance of a stable economy. For this reason, the United States government has pioneered in aiding the growth and expansion of the industry.


Construction Incentive Program for First Time Home Buyers in New York
Under the State of New York Mortgage Agency, the Construction Incentive Program has been established. The goal of this program is to enable the construction of one and two family homes through the provision of funds, up to 97% of the value of the property, to eligible low to moderate income first time home buyers.


National Endowment for the Arts: Literature Translation Fellowship 2012
The National Endowment for the Arts has constituted the Literature Fellowship for Translation Projects grant. The grant provides fellowships for published translators as they translate specific works of prose, poetry or drama.






Social Entrepreneurship
Spotlight



Mealshare: Simply Dining Out To Help Charities


With Mealshare, every meal purchased at a restaurant, one gets shared with a person in need of food. This concept was hatched by two entrepreneurs, cousins Jeremy Bryant and Andrew Hall.