Established in 1953, the U.S. Small Business Administration offers financial/federal contract procurement assistance, management assistance, and specialized outreach to women, minorities and armed forces veterans. It also provides loans to victims of natural disasters and specialized advice/assistance in international trade. The other services include providing assistance in government contracting, small business communities, advocacy laws and regulations, and counseling and training. U.S. Small Business Administration also helps in procuring small business loans, grants and bonds by acting as a guarantor.