Small Business Resource

If you are a Caroline County Small Business or want to own a small business in Caroline, the following resources were created to help you answer your business questions and assist you in finding financing. Caroline County wants you to succeed, so we are providing you with the Commonwealth and Federal Programs and agencies designed specifically for small business:

Virginia Business Information Center


This agency will help you with question such as:
  • How do I start a business?
  • Where can I get the forms I need?
  • What regulations that pertain to my business?
  • Who can help me with specific problems?
  • How can I become a state vendor?
  • Where can I get data for my business plan?
  • How can my business get certified as a woman- or minority-owned business?

U.S. Small Business Administration (SBA)


  • SBA Answer Desk Phone: 800-9-ASK-SBA (800-927-5722)
  • SBA Website
The Federal Agency will help answer questions such as:
  • Is there an advantage to being a woman-owned business in dealing with the federal government?
  • How do I finance my business?
  • How do I find a mentor?
  • How do I sell overseas?
  • Is there help for a business after a natural disaster?

Rappahannock Economic Development Corporation (REDCO)


REDCO specializes in small business loans.

The REDCO504 Program:
406 Princess Anne Street
Fredricksburg, VA 22410
Phone: 540-373-2896

Virginia Small Business Development Centers (VSBDC)


University of Mary Washington Small Business Development Center
1125 Jefferson Davis Highway
Suite 400
Fredericksburg, VA 22401
Phone: 540-654-1096
Fax: 540-654-1400

VSBDC can assist you in several ways:
  • Accounting
  • Business Planning
  • Cash Flow Management
  • Financing Sources
  • Government Procurement
  • Licensing and Regulatory Information
  • Marketing
  • SBA Programs
  • Start Up Procedures

Department of Minority Business Enterprise


1111 E Main Street
Suite 300
Richmond, VA 23219
Phone: 804-786-6585,
Toll-free: 888-792-6323,
Virginia Only: 800-223-0671
Website

For more information, please visit the Minority Business Enterprise page.

Virginia Small Business Financing Authority (VSBFA)


The VSBFA helps Virginia's start-up, existing & prospective businesses through an extensive portfolio of financing programs.  The Authority helps Virginia's financial institutions offer business loans that they might not be able to offer without assistance from the program.  The VSBFA also offers grants to individual investors in qualifying small businesses.  The VSBFA offers financing programs which can provide:

  • Direct loans for Economic Development projects (fixed asset purchases such as land, buildings & equipment)
  • Cash Collateral and Loan Guaranties to help Banks lend to Small Businesses
  • Microloans, Child Care Loans, and Investment Grants for Small Businesses
  • Cash Collateral, Loan Guaranties, Direct Loans, and Microloans for Existing Businesses, Minority-Owned Businesses, and Tourism Related Businesses
  • A Child Care Financing Program for Licensed Child Care Centers & Family-Home Providers
  • Bond Financing for Small Manufacturers & 501(c)(3) Non-profits

www.sbsd.virginia.gov/virginia-small-business-financing-authority/




Quick References