As a result of pressure, friction, and plate material melting in the mantle, earthquakes and volcanoes are common near convergent boundaries. When two plates move towards one another, they form either a subduction zone or a continental collision.hen one plate is composed of oceanic lithosphere and the other is composed of continental lithosphere, the denser oceanic plate is subducted, often forming an orogenic belt and associated mountain range. This type of convergent boundary is similar to the Andes or the Cascade Range in North America.
Small Business Administration (SBA) The U. S. Small Business Administration (SBA) is responsible for providing affordable, timely and accessible financial assistance to homeowners, renters and businesses of all sizes located in a declared disaster area.
The SBA provides a government-backed guarantee on part of the loan. Under the Recovery Act and the Small Business Jobs Act, SBA loans were enhanced to provide up to a 90 percent guarantee in order to strengthen access to capital for small businesses after credit froze in 2008.