20.905: Disadvantaged Business Enterprises Short Term Lending Program
Alternate Name: Short Term Lending Program
Overview
Program Number
20.905
Status
Inactive
Last Modified
Aug. 2, 2019
Date Posted
Aug. 22, 2018
Objective
Advance the opportunities for small, minority-owned disadvantaged business, including women and service-disabled veteran owned businesses and Disadvantaged Business Enterprises (DBEs) to obtain accounts receivable financing for the performance of eligible transportation-related contracts originating from the Department of Transportation (DOT), its grantees, recipients, their contractors and subcontractors.
Type of Assistance
F - Guaranteed/Insured Loans
Applicant Eligibility
The recipient of a line of credit must be a certified DBE, or certified small business, including; 8(a); Small Disadvantaged Business (SDB): HUBZONE; Women-Owned Small Business (WOSB); and Service-Disabled Veteran-Owned Business (SDVOB). For DBE's, this certification must be performed under DOT guidelines, 49 CFR Part 26. The applicant must be in business for 2-3 years. This program is not for start-up businesses There must be an existing transportation- related contract(s). Transportation-related contract is a contract for the maintenance, rehabilitation, restructuring, improvement, or revitalization of any of the Nation's modes of transportation with any public or commercial provider of transportation or any Federal, State or local transportation agency.
Beneficiary Eligibility
Small Business/Small Business Person.
Federal Award Analysis
Disadvantaged Business Enterprises Short Term Lending Program grant spending
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Contracts
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Subcontracts
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Grants
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Subgrants
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Total
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Grant Awards
Disadvantaged Business Enterprises Short Term Lending Program direct grants
Grant Opportunities