to see if you're eligible for one of the federal government's many small business contracts.How many people do you have?
On the other end of the scale, the US government allows companies in certain industries to have up to 1,500 workers and still classify as small. The US government takes a more conservative position, and is more tailored to the specific business. At the top of the range, industries with high financial and physical capital requirements can receive up to $41.5 million in annual revenues, whereas most agriculture businesses are capped at $1 million.
If you don't have the revenue or credit profile to get lending from a bank, they will likely send you to a Community Development Financial Institution. CDFIs and Community Development Corporations partner with traditional banks to provide capital to businesses who otherwise might not have access. If you're trying to grow your business and hire a team, you'll be using a lot of cash. And cash has to come from somewhere.
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