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 ...
Many lenders require businesses to be at least two years old to be approved. If your company hasn’t reached that benchmark, there are online banks and alternative lenders that only require six months ...
Understand the essentials of SBA-backed lending—program types, application processes and how these loans can support business growth Staff Personal Finance Editor, Buy Side Valerie Morris is a staff ...
Processing and approvals for most SBA loans will stop during a government shutdown. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you ...
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 ...
Applicable to all solicitations issued on or after January 3, 2025, a Small Business Administration (SBA) final rule published earlier this month updates a number of regulations within the SBA ...
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 ...
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 ...
You might be able to refinance existing business debt using an SBA loan, but prepare to jump through a few hoops first. Many, or all, of the products featured on this page are from our advertising ...