Last year, the federal government backed more than $12.3 billion in financial assistance to small businesses. Government agencies also helped companies secure more than $40 billion in federal contracts!

$300,000 to expand a minority-owned computer business
The bank officer laughed at her lack of collateral when Belinda sought a $5,000 loan to start her microcomputer software company. But then she worked with a local bank to secure a government guaranteed loan for $300,000 which enabled her to expand her company from a retail site to a business park. Her company now employs 28 and has sales of $34 million annually.

35 federal contracts worth nearly $70 million
Sometimes just getting your “foot in the door” can make all the difference. This Denver-based technology company has grown from a $25,000 a year micro-business with just one employee to more than 150 people and sales exceeding $16.7 million. Becoming certified to receive federal contracts has helped. Over the years, it resulted in federal contracts worth nearly $70 million of new business.

Up to $150,000 to open two sandwich shops
With the help of a government financing program, this Florida couple was able to open two Subway Sandwich shop franchises in Lake Butler, Florida, with 21 employees. Up to $150,000 was available from this particular government assistance program, and the government often responds to a financing request within 36 hours of receiving just a two-page application!

$1 million to buy out his company
This successful businessman was hired by an established farm equipment manufacturer in Georgia to manage the business. After moving up to Chief Operating Officer, he took a personal gamble to buy out his employer with the help of a $1 million government-backed loan. Within six months, he had improved the company’s cash flow, thanks in part to six months of interest-only payments at the start of his 7-year loan. He has since increased sales by 15 percent and the business now supports 35 employees.

$1.5 million in guaranteed financing to own her firm
This ambitious woman entrepreneur helped build a conservation center into a national leader in the field of art preservation. Over the years, she implemented a variety of strategies for marketing the firm, eventually becoming vice-president and co-owner. In 2003, she purchased 100% of the company with help from $1.5 million government-guaranteed financing, to continue her industry-leading work and retain a staff of 23 loyal employees.

Government contracts worth $24 million
Imagine going from a one-person operation with $10,000 in sales to a 370-employee company with more than $23 million in annual revenue – in less than 10 years. This Louisiana-based consulting firm achieved that and more thanks to its federal certification which opened the door to lucrative Department of Energy contracts valued at $24 million.

Local moving company receives $843,000
This Boston-based moving company, originally founded with a $17 newspaper ad and a friend’s borrowed truck, was rapidly outgrowing its headquarters and needed additional storage space as well. Government-backed financing for $843,000 helped them acquire a 50,000 square foot warehouse and allowed them to grow the business by 60%. Since moving into the new facility, the company increased its sales by over 45%.

Lighting company receives $1 million for a new warehouse
This New Jersey-based manufacturer of lighting supplies markets its products through a worldwide network of distributors, dealers and retail stores. In 2000, the company received a $1 million government-guaranteed loan to help purchase a 20,000 square foot office warehouse facility to help expand the company’s product line. Today, the company employs 58 people and has annual sales in excess of $20 million.

$313,000 for a new headquarters
After humble beginnings and service to his country in the U.S. Air Force, this Nevada-based entrepreneur started his own Air Service company in 1992, spending $2,000 of his own money to purchase a used service van. After just five years, the company had grown to five service trucks and several commercial accounts. They quickly outgrew their 1,750 square-foot location and, thanks to government-backed financing for $313,000, began building a new 15,000 square-foot headquarters that will also serve as a demonstration center for the company’s building control systems products.

$641,000 in financial assistance
One of the nation’s leading manufacturers of firearms maintenance systems started as a small family business in upstate New York when the founder got her rifle stuck and muddy during a hunt and developed a portable gun cleaning kit to solve the problem. Today, the company has revenues of over $2.5 million and employs nine people. This sales growth and increase in jobs has been helped by over $641,000 in government aid.

$239,000 low-interest loan to avoid bankruptcy
Hard work and perseverance pay off, especially during tough times. This Brooklyn-based company designs and fabricates custom tabletops, mantles, counters, floors and furniture from imported marble, granite and other materials. When business dropped after the 9/11 attacks, sales fell by 30 percent and accounts receivable slowed. Facing bankruptcy, the owner was not about to let a 40-year-old company and 22 employees go under. Thanks to the government and a disaster relief program, he secured up to $239,000 in loans, plus another $100,000 in Tax Relief Package financing for equipment. Business was up 7 percent for 2003 and he’s hired two additional employees.

$400,000 to grow the business
As a young man, Art dreamed of being his own boss. With drive and determination, he founded his own telecom business in 1997, working out of his apartment in Houston selling used and reconditioned cellular phones in South Texas and Northern Mexico. In 1998, his company was approved for a $100,000 government-guaranteed loan to help grow the business. A year later, Art paid off the loan and was approved for more government-backed financing – this time for $300,000 – which enabled him to move into a 17,500 square-foot facility. The company now employs 74 people and expects sales of more than $30 million.

A $25,000 grant to expand manufacturing facilities
This Texas-based small business develops power supply products to meet the unique needs of the military, Special Forces and security industries. As demand for the company’s products grew, the owner obtained government-backed financing plus a $25,000 government grant to refinance and expand its manufacturing facilities to bring assembly operations in-house that had previously been contracted out. The result was a better financial position for the company and over 40 new jobs in the community.

$150,000 for a new catering business
After the banks denied her a loan, this Hispanic woman entrepreneur found out about government loan programs and used their services to get $150,000 to launch her new catering business. Today, thanks to her reputation for excellent service and outstanding, savory food, her firm is catering to Fortune 500 companies throughout the Houston, Texas area.

$100,000 for video equipment
This Utah-based entrepreneur realized that law firms, burdened with boxes and files of documents for trials and other litigation, could be much more efficient if they used new technology. Assisted by a $100,000 loan from a government assistance program, she started one of the first firms to use videotaping techniques in depositions for presentations in the courtroom. Today her company works with some of the largest corporations in the state and employs 25 people.

20 Small Business Innovative Research grants worth more than $7.5 million!
This Virginia-based company is a worldwide leader in the design of unmanned air vehicles (UAVs), which are robotic aircraft that can fly a variety of missions from research on the planet Mars to defense reconnaissance. Over the years, the company has been the recipient of over 20 government research grants for small businesses worth more than $7.5 million!

Guaranteed $254,000 loan for a new facility
Fifteen years ago this entrepreneur moved from Wall Street to Main Street, and with his brother, bought into a fitness club in a small Vermont town. In less than a year, the two brothers bought the remaining 50% ownership in the club with help from a $254,000 government-backed loan. Today, they run a two-club operation of more than 3,000 members and employ over 100 staff.

$55,000 to open a food court restaurant
When this Wisconsin waitress heard they were opening a new mall nearby, she decided to open her own restaurant there. She did her homework and figured out the cost of equipment plus renting space and other start-up costs. With help from a government financing program, she was approved for a $55,000 direct loan and her new Greek food establishment became the first restaurant in the new mall’s food court.

Isn’t it time you received your share?

Contact Federal Funding for Small Business today at:

1-800-915-5768