The 7(a) loan program is the SBA’s most popular financing program. It provides working capital for small businesses that need working capital of up to $5 million. It’s also a guaranteed loan program. So essentially, small businesses work with traditional lenders, but the money is guaranteed by the SBA in order to support small business […]
What is the SBA 7(a) Loan Program and How Can It Help Your Business? Read More »
The Small Business 7(a) Lending Oversight and Reform Act of 2018 was just introduced with a bipartisan bill to strengthen small business lending. Members of the House and Senate came together to ensure the 7(a) Loan Program will continue far into the future with strong provisions. 7(a) Lending Oversight and Reform Act of 2018 The
Senate Bill Could Improve Small Business Access to Capital Through SBA 7(a) Loan Program Read More »
If there’s one type of business funding that’s heads and tails above the rest, the SBA 7(a) loan is it. A Small Business Administration loan is issued by approved financial institutions, partially guaranteed by the government, and can be used for a variety of reasons. Since it is paid back over a long period of
Here’s What You Need to Qualify for an SBA 7(a) Loan Read More »
