Browsing: SBA
SBA Economic Injury Disaster Loans (EIDLs) were a lifeline for nearly 4 million small businesses during the pandemic. Nearly six…
Key insight: The SBA is backtracking on a policy, instituted last year, that had permitted modest participation in its lending…
Key takeawaysSBA 7(a) and 504 loans may have prepayment penalties. SBA microloans and disaster loans do not.Paying off your SBA…
Forward look: NewtekOne, a top SBA lender, reported strong third-quarter earnings Wednesday, but CEO Barry Sloane said the company’s fourth-quarter…
Key insight: Several large lenders reported continued strong small business loan demand despite ongoing economic uncertainty and disruption. Expert quote: “We’re…
If Congress can’t reach an agreement on federal funding by the Sept. 30 deadline, the government will shut down —…
SBA loan collateral vs. guarantee: What you need to know Source link
Loan amount Up to $5.5 million* Maximum SBA guarantee Up to 40% Interest rates Approximately 3% of debt; based on…
SBA 504 loans: How to qualify and apply Source link
UPDATE: This story now includes quotes from an interview with BayFirst CEO Thomas Zernick.A week after reporting a second consecutive…