Everything You Want to Know About SBA Certification

Still looking for details for SBA certification? We have answers to a few common questions which will help you understand the program. The program intends to promote small and disadvantaged businesses in the Federal marketplace. There is something more you need to know, so to understand sba certification program, let’s begin with

Eligibility criteria

The small business should be controlled and managed at least 51% by American citizens who are socially and economically disadvantaged people. The ownership of the firms and companies plays a major role in the eligibility criteria. Apart from the social and economic criteria ethical issue is also a major eligibility criterion. The owner should be free from felonies and a misdemeanor in the past. The SBA looks into the past records and considers these three eligibility criteria very seriously.

For more details, watch the video below to understand the details for the eligibility criteria.

Benefits of the certification

The benefits of the SBA certification cannot be overlooked from the program. The benefits for small companies are mentioned below

  • The companies can avail specialized counseling, marketing assistance, business training, and top category executive development.
  • Access to surplus government supplies and property
  • Involving in the program means SBA-guaranteed loans and aid in bonding.
  • Eligible for sole source contracts where the ceiling is fixed for $4 million for services and goods and $6.5 for production or manufacturing.
  • Encouragement for competitive acquisitions.

For companies who are beginners in the application process require to know more about the SBA certification program. However, at a glance the above info is fine for sba certification, the above information is sufficient.
The author is a business blogger who works for 8a certification EZ8A that offers the best quality 8a certification in the USA. The company has its Business office located at 4 Interstate Access Road, Suite C Wilder, KY 41076 and can be contacted by Phone +1 859 442 1050, by Email: info@ez8a.com. Interested people can visit the company website https://www.ez8a.com for more information.

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