Virginia Small Business Financing Authority
ABOUT THE VSBFA
The Virginia Small Business Financing Authority (VSBFA) is the Commonwealth's economic development financing arm. We do not have grant programs. However, we provide debt financing assistance to Virginia's established, existing businesses, its entrepreneurs, as well as businesses looking to expand into Virginia. The VSBFA's portfolio of financing programs assist:
- ECONOMIC DEVELOPMENT efforts by offering direct
loans, in conjunction with bank and other financing, to localities
and Industrial and Economic Development Authorities (IDA's/EDA's) for
projects of all sizes.
- SMALL BUSINESSES by making it easier for Virginia's
financial institutions to make loans to small businesses by offering loan
guaranties and loan loss
insurance programs to reduce a bank's risk.
- SMALL MANUFACTURERS & 501 (c) (3) NON-PROFITS by
providing access to low-interest, tax-exempt bond
financing.
- VIRGINIA'S TOURISM INDUSTRY through direct
loans and loan guaranties in
partnership with Virginia's financial institutions.
- LICENSED CHILD CARE CENTERS & FAMILY-HOME PROVIDERS by extending low-interest, direct loans for necessary items which banks have difficulty financing.
Within this site, you will find detailed information about all of our financing programs as well as the applications and contact information for submitting a request to us. Please feel free to browse our site and give us a call, toll free, at 1-866-248-8814, if you have any questions.
"The Virginia Small Business Financing Authority has been an invaluable member of the professional services team that we rely on to be a solution provider for our clients. The VSBFA is a real asset to our work." -- Liz Povar, Director of Business Development, The Virginia Economic Development Partnership
