SBA (Delta) Loan
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The goal of this program is to provide financial and technical assistance to eligible small business contractor’s transitioning from defense to civilian markets.
The broader goal is helping businesses who have suffered from the impact of a closure or termination in a Department of Defense installation from which the business was a primary contractor, subcontractor or supplier at any level.
Small businesses located in communities that have been impacted can also benefit from this loan. To qualify, small businesses must also meet one of the following program policy objectives; job retention, job creation, plant retooling and expansion. The SBA (a federal agency) offers reduced interest rate, money guarantees and/or collateral for this type of small business loan.
Please find more information about Defense Loan and Technical Assistance Program (DELTA).
Check your eligibility now!