Areas Served: Ashley, Baxter, Benton, Boone, Bradley, Calhoun, Carroll, Chicot, Clark, Cleburne, Cleveland, Columbia, Conway, Craighead, Crawford, Crittenden, Cross, Dallas, Desha, Drew, Faulkner, Franklin, Fulton, Garland, Grant, Greene, Hempstead, Hot Spring, Howard, Independence, Izard, Jackson, Jefferson, Johnson, Lawrence,
The Arkansas Development Finance Authority, in cooperation with Levi Strauss Foundation and the Winthrop Rockefeller Foundation as has created a program to provide working loan guarantees capital to Arkansas minority contractors who cannot otherwise finance their working capital needs.
The targeted businesses for the DBE program are those owned by African-Americans, Native Americans, Hispanic Americans, Asian Pacific Americans, subcontinent Asian Americans, handicapped persons, or women who are certified DBE contractors.
by either the Arkansas State Highway and Transportation Department or 8(a) contractors by the Small Business Administration.
The goal of the program is to help disadvantaged businesses go from a status of program dependence in securing government contracts to one of independence by demonstrating — over time — to lenders and sureties (a company that secures against loss, damage or default) their ability to perform.
Contact InformationArkansas Development Finance Authority
Address: 900 West Capitol, Suite 310
City: Little Rock
State: Arkansas
Website:
http://www.arkansas.gov/adfa/programs/dbep.html
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