Common factors business lenders might consider.
A GAO report has found that the Small Business Administration needs to improve compliance with the credit elsewhere requirement and its 7 (a) loan program. For its 7(a) loan program, the Small ...
The US Senate, on March 25, 2020, unanimously passed the (CARES) Act of 2020. Ths bill, with more than $2 Trillion in relief and $350 billion for small business, if enacted, would represent the 3rd ...
On August 23, the U.S. Small Business Administration (SBA) issued a proposed rule that would make significant changes to SBA’s recertification requirements. Most notably, the rule would change when ...
The SBA released its Paycheck Protection Program (PPP) Loan Forgiveness Application and clarified a few critical definitions and documentation requirements in their instructions. The forgiveness ...
As economic uncertainty persists, small businesses are increasingly relying on SBA loans for refinancing, working capital and expansion. In the first quarter of 2025, loan approvals soared 38% year ...
The Small Business Administration (SBA) annually issues a funding opportunity announcement with an estimate of total funding for the Small Business Development Center (SBDC) Program. The SBDC Program ...
WASHINGTON, Aug. 21, 2023 (GLOBE NEWSWIRE) -- Today, on her first day of a multi-city Alaska trip, U.S. Small Business Administration (SBA) Administrator Isabella Casillas Guzman announced the ...
The Small Business Administration (SBA) published earlier this month one of the most significant rule changes in recent history. We previously addressed the new M&A and long-term recertification rules ...
After more than a year of on-again, off-again requirements for small business owners, the U.S. Treasury announced March 2 that it will not enforce any fines or penalties against companies that do not ...