The phenomenal emergence of home-based business ownership has been astounding. The Small Business Administration (SBA) projects that by 2007, there will be over 2 million small business firms.

Trends indicate that entrepreneurship is quickly becoming a fabric in American cultural. Yet, while there are many opportunities for securing personal wealth through business ownership, access to capital continues to be a hurdle for most start-up companies.

Thanks to a new small business initiative, the hurdle has become a little less painful. Through the SBA CommunityExpress loan program, start-ups and existing businesses alike can apply for a "Small Office/Home Office" (So-Ho) loan without a business plan.

Loan amounts are available for $5,000, $10,000 and even $15,000 and no business plan is required. This may not seem like much to some business owners, but the most successful companies have started out by getting micro-loans. In fact, the SBA cited that most homebased businesses required $10,000 or less to get started. Examples of companies that started with less that $25,000 include Ben & Jerry's, Fedex and Tom's of Maine toothpaste.

It doesn't matter if you want to start a daycare center, desktop publishing firm, or barbershop. These mega success stories are a constant reminder that small beginnings can indeed lead to greater rewards.


About the Author
Karen L. Hardy, holds a M.S. in Business Administration. She is a certified business finance consultant, real estate investor, entrepreneur and author of the book "Destiny Dreams Decisions: Empowering Women for Success." Visit her site http://www.destinycapitalfunding.com to apply for the loan.