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FDIC Consumer News

Winter 2011/2012

More Help for Small Businesses

The U.S. Small Business Administration (SBA) provides loan guarantees, referrals to local free or low-cost counseling and training, tips on how to write a business plan, and other support for small businesses. For more information, call the SBA toll-free at 1-800-827-5722, go to www.sba.gov or contact the SBA District Office in your area.

The Federal Deposit Insurance Corporation has a toll-free hotline (1-855-FDIC-BIZ, which is 1-855-334-2249) to respond to questions or concerns about credit availability for small businesses. We also have useful information at www.fdic.gov/smallbusiness (including an online form to ask the FDIC a question or register a concern) and at www.fdic.gov/about/diversity/sbrp. For information on FDIC deposit insurance coverage or other matters of interest, start at www.fdic.gov or call toll-free 1-877-ASK-FDIC (1-877-275-3342).

Other federal agencies also have resources to help small businesses. For example, the U.S. Treasury Department oversees several programs, including the Small Business Lending Fund, which was created by Congress in 2010 for use by small “community” banks (start at www.treasury.gov/resource-center/sb-programs/Pages/default.aspx). For more help or information from the federal government, search by topic at www.mymoney.gov or call 1-888-MYMONEY (1-888-696-6639).

Your state, county or city government may offer its own financial aid packages and referrals to other sources of assistance.

Your bank and other financial institutions in your area may offer services for small businesses and useful information.


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Last Updated 7/3/2014

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