Women Owned Small Business loan
What You Should Know About This Federal Loan Program
A program which is strictly geared towards Women Owned Small Business loan, the Women-Owned Small Business (WOSB) Federal Contracting Program and the Economically Disadvantaged Women Owned Small Business (EDWOSB) Contracting Program, allows women entrepreneurs to gain access to new economic opportunities.
The goal of the program is to assist women to thrive in a competitive business environment. The WOSB and EDWOSB programs authorize contracting officers to set aside federal contracts specifically for Women Owned small Businesses.
The Federal government must award 5% of its prime and subcontract dollars to women-owned small businesses, opening up new possibilities of growth for your company. One purpose of this program is to enable contracting officers to meet these goals by specifically setting aside, certain requirements for competition solely amongst WOSBs or EDWOSBs and ensure a level playing field when bidding against much larger firms.
- Meet small business size standard for primary NAICS code and contract
- At least 51% unconditionally and directly owned by women who are U.S. citizens.
- The woman must manage the day-to-day operations
- The woman must make the long-term decisions for the business
- A woman must hold highest officer position
- The woman must work at the business full-time during normal working hours
- No minimum amount of time the business has been operational
How we help you?
Just like the 8(a) Business Development Program, our experts will guide you through the certification process from beginning to end. As an approved WOSB, new contracting opportunities will arise, which will enable you to grow your company to new heights.
Our goal is to help you understand the entire process, making sure you are aware of what we are doing and how we are doing it. This way, you will be able to use this knowledge for future applications.
We will also educate you on marketing yourself and finding contracting opportunities that have not yet been available to the public. This will give you a significant edge when looking for contracting opportunities.
Why Choose Peach Capital?
We have been trained directly by the SBA, giving us the advantage of understanding the complexity of the entire program to ensure your success.
Therefore we are not only a phone call away, but rather we are just a short drive away from all of our customers. By focusing only on Southern California based businesses, we can be hands on with our clients, allowing us to give exceptional customer service. We are known to drive to our clients place of business, enabling you, the customer, not to lose precious time away from your business. We would also invite anyone who wants to come in to our office to do so. Our doors are always open. We would like all of our clients to understand the process; therefore working together has proved to be a successful formula for us.
We can always be contacted for continued support. If you ever have a question on how to update your profile, or simply a question relating to your business, we are here to help.
P.S. As always, please take a minute to leave a comment on my blog. I want it to be a conversation rather than a rant from my soapbox.
P.P.S. And don’t forget my constant reminder: we’re still lending! Call 800-722-5956/email: firstname.lastname@example.org/fax 877-624-4455/live chat with us on the next wealth-creating commercial property ownership loan you know about.