Memphis Small Business Development
About
Memphis Small Business Development is a dedicated SBA Resource center serving entrepreneurs and small business owners throughout Memphis, TN and the surrounding region. Located in the heart of downtown Memphis at 125 N Main St, we provide comprehensive support to help startups and established businesses thrive. Our team offers expert guidance on SBA loans, business planning, financial resources, and growth strategies tailored to your unique needs. Whether you're launching your first venture or expanding an existing operation, we connect you with essential tools, training, and funding opportunities. As an official Small Business Administration resource partner, we're committed to empowering Memphis entrepreneurs with the knowledge and resources needed to succeed. Choose us for personalized, professional support from experienced business development specialists who understand the local market and are invested in your success.
Services Offered
Frequently Asked Questions
What SBA loan programs does Memphis Small Business Development help with?
We assist small business owners with various SBA loan programs including SBA 7(a) loans for general business purposes, SBA 504 loans for equipment and real estate purchases, microloans for startups and underserved entrepreneurs, and disaster loans. Our team guides you through the application process and helps you find the right financing solution for your business needs.
Who qualifies for SBA resources and support in Memphis?
SBA resources are available to entrepreneurs and small business owners who meet SBA size standards, typically businesses with fewer than 500 employees. This includes startups, established small businesses, minority-owned enterprises, women-owned businesses, and veteran-owned companies. We welcome anyone looking to start or grow a business in Memphis.
What types of business counseling and training does your center offer?
We provide one-on-one business counseling, workshops on business planning, financial management, marketing strategies, and compliance requirements. Our experts help with feasibility studies, business plan development, market research, and connecting you with additional resources to support your entrepreneurial journey.
Why should I choose Memphis Small Business Development over other resources?
As an official SBA Resource partner located in downtown Memphis, we offer direct access to government-backed support, experienced business advisors, and connections to local lenders and partners. We understand Memphis's unique business landscape and are dedicated to providing personalized guidance to help local entrepreneurs succeed.
Last updated: March 31, 2026