Blog

The SBA 7(a) Loan Program provides some of the most popular and most elementary loans a small business owner can procure. 7(a) loans are backed by the Small Business Administration in amounts up to 85%, mitigating much of the risk a lender would typically take on and thereby giving many small businesses an opportunity to […]

A small business owner may be passionate and committed to their ideas, but things don’t always go according to plan. If you lack funds or are worried about making payments for your SBA loan, it may be time to start learning about delinquency and defaulting on loans. From Delinquent To Default A loan will go […]

Wondering what the turnaround time is for an SBA loan? With typical lenders, the process of receiving an SBA loan takes up to 2-3 months. Some lenders will offer funding in as little as 30 days, although these efficient lenders are quite rare. The process requires patience; potential borrowers must go through many steps of […]

If you’re a franchise operator, you know that getting started can be tricky. Franchises offer flexibility and support for owners, but require capital to get started. Chances are, you’ll need an influx of cash at some point during your career as a franchisee. Whether you’re starting a new franchise or growing an existing one, an […]

It can be really hard to be a road warrior. Frequent business travelers have to constantly endure the hassles of modern travel, including security lines, flight delays, and cramped airline seats, but they do it because it’s necessary to build and maintain client relationships or to further other company goals. If there’s one tool that […]

Before we take a deeper dive into the SBA’s CAPLine program—and determine whether it’s right for you—let’s take a few moments to talk about what the SBA is and how its services differ from traditional loan programs. SBA loans are backed by the Small Business Administration, a government-run program that aims to help strengthen American businesses. […]

The SBA has several options for small business owners in need of a business loan for real estate. Of the six types of SBA loans, 7(a) Loans and 504 Loans are the two most viable options for real estate purchases. Other SBA loans (CAPLines, Export, Microloans, and Disaster) either prohibit borrowers directly from using funds […]

The SBA 504 loan is a financing program offered by the Small Business Administration and Certified Development Companies. The loans, while selective, are open to eligible, for-profit small businesses operated by United States citizens and resident aliens. 504 loans are fit for small businesses in search of fixed interest rates with long-term financing and smaller down […]

Whether your area was affected by a wildfire, tornado, record-setting hurricane or another catastrophic event, the next steps can feel daunting or overwhelming. Many homes and businesses find that insurance won’t cover as much as they thought—and that leaves a large gap between where they are now and the ability to move forward with everyday […]

There are many reasons why a business owner might be in need of the extra support provided by an SBA (small business administration) loan. Whether you’re looking to expand your business across your state, you need equipment to begin operations, or you’re facing an unexpected setback, it’s always nice to have access to additional cash […]