Banks are not giving out loans. So who is? Portfolio this month had a great summary of where to find money for small businesses:

1. 7(a) Program and the 504 Program: Obama announced that he has increased SBA guaranteed loans to 90%. This should ease the banks issues and get things rolling again.

2. ARC Microloan Program: Since this was announced in March, there have not been alot of details but it is still promised- loans up to $35,000. This could make a big difference. It is reported to start now on June 15, 2009.

3. Private Microloan Programs: Non profits such as Accion USA and Grameen American are still giving these out. Locally, organizations like Chicago Community Ventures are active.

4. Community Banks: These small local banks did stay away from some of the riskier loans in the bubble. They are a good place to go for your loan now.

5. Peer to Peer Borrowing: Try Prosper.com and Lendingclub to tell about your venture and what you need to the loan for. Private individuals fund your venture. I have funded some of these!

Where have you been successful?