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Small businesses often need capital to get started, and the U.S. Small Business Administration (SBA) can be a valuable resource. The SBA does not make direct loans to consumers, but it will guarantee loans that small businesses take out from financial institutions. An SBA guarantee can convince a financial institution to lend to you because the bank can be confident that it can recover its money from the U.S. government if you default on your obligations. In order to qualify for an SBA guaranteed loan, you should be prepared to share a business profile, loan request, collateral and business and personal financial statements with your lender. The more complete this information is, the more likely you are to get the loan. It is difficult to start a new small business or to keep a small business going in an economy filled with superstores. The loan programs created and implemented by the SBA are designed to help small businesses compete in today’s marketplace and can be an important source of funding for small businesses.