Are you looking for government business loans? if yes then the first government agency you should consult is the Small Business Administration (SBA). Apart from SBA you can also consult other agencies such as the ones that are present at the level of state, regional and municipal. These agencies provide good amount of loans on very low interest rates.

The biggest disadvantage of government business loans is that they are not promoted well therefore not many people know about these loans and even if people know they do not know from where to find these loans or even if they are eligible for these loans or not. Often it happens that many local agencies act as a middle person in providing you the relevant government business loans. They assist you by forwarding your loan application and gathering all the necessary referrals.  To attain government business loans you need to have an extremely sound credit history. One negative point in your credit history can become a major negative point in your loan application. Also, you need a sound business plan to convince them to grant you a loan. The business plan should be documented and detailed consisting of all the necessary details.

Just remember the rules for government business loans are quite strict. They will review your documents very carefully and your business plan will be the most important document so they will pay extra attention to it. Only if they find your business proposal feasible they will give you the loan.

Some of the points your business plans should have are type of business you are establishing, the industry it is catering to, highlight its growth possibilities, the competition, target markets, investments, the history of the owner and how you plan on paying the loan.