Number: 8923472
Country: United States
Source: Federal Business Opportunities
THIS SOLICITATION IS OFFERED AS A HUBZONE SMALL BUSINESS SET ASIDE.
This paragraph announces possible financing available to small businesses. The three types of businesses that are eligible to receive a loan through this program are: (1) Firms that have received DBE certification from a state or local transportation agency; (2) Eligible small business firms; and (3) Firms that have received a disability rating by the Veteran"s Administration and have certified themselves as a SDVOSB. Start-up businesses are not eligible to receive a STLP line of credit and should contact the SBA for information about other possible forms of financial assistance. (NOTE - This paragraph does not reserve this solicitation for these types of business): The Department of Transportation"s (DOT) Short-Term Lending Program (STLP) offers working capital financing in the form of lines of credit to finance accounts receivable for transportation related contracts. The Maximum line of credit is $750000. The STLP loan has a variable rate, which is connected to the prime rate. For more information see: http://www.dot.gov/osdbu/financial-assistance/short-term-lending-program.
