What you should know about sba loan

The Small Business Administration (SBA) has always issued loans to businesses affected by disasters—but never at the scale that it’s offering them now.

8 Things You Need to Know About Small-Business Loans

August 13, 2020, 3:16 am

Small businesses may be the engine of our economy, but many small business owners view the lending process as complicated and frustrating. Too often, growing enterprises find themselves shut out when they attempt to obtain small business loans. In theory, it should be difficult to obtain funding--lenders are in the business of making money, not providing charity. Still, there are many ways to improve your odds of getting a loan.

7 Things You Should Know About Getting an SBA Loan

August 13, 2020, 3:15 am

The Small Business Administration (SBA) has always issued loans to businesses affected by disasters—but never at the scale that it’s offering them now.

What You Need to Know About an SBA Loan

August 13, 2020, 3:15 am

Many small business owners think of SBA loans when they contemplate borrowing to fuel growth, expand, or finance some other business initiative. Before you apply, there are a few things you need to know about an SBA loan. The first thing you need to know is that the SBA isn’t actually a lender—most SBA loans will come from your local bank and are guaranteed by the SBA. The guarantee is designed to make it easier for the bank to approve a loan to a borrower whose credit worthiness might fall just below the normal qualifying criteria at the bank.

Everything you need to know about SBA loans

August 13, 2020, 3:14 am

For years, the Small Business Administration (SBA) has been supporting American small business by providing increased access to affordable funding. The SBA encourages traditional lenders like banks and credit unions to provide loans with favorable rates and repayment terms through a number of lending programs available to entrepreneurs. The key to securing SBA funding is understanding which program is right for you and how to become a well-qualified applicant.

Everything You Need to Know about SBA Economic Injury Disaster Loans—and Some Things You Didn’t Even Know to Ask

August 13, 2020, 3:12 am

: Due to the amount of traffic on the Small Business Administration’s loan application website and long delays in processing time, the SBA is rerouting applicants to fillable PDF forms. Forms will need to be downloaded, filled out and uploaded to SBA’s Dropbox account

How to get a small-business loan under the new $484 billion coronavirus aid package

August 13, 2020, 3:12 am

President Trump listens as Jovita Carranza, administrator of the Small Business Administration, speaks during a coronavirus briefing in early April. (Mandel Ngan/AFP/Getty Images)

10 Reasons You Don’t Qualify for an SBA Disaster Loan

August 13, 2020, 3:10 am

Maintaining your business through the coronavirus crisis has likely led you to cut costs, revise your sales projections, and potentially seek out a loan to help you stay afloat. Luckily, the SBA has created a separate COVID-19 Disaster Loan, with less stringent eligibility criteria and a streamlined application process to hopefully make more funds available for more businesses.

The Basics of Small Business Loans

August 13, 2020, 3:10 am

What do you need to know about small business loans before you apply? A lot! You have a lot of options, and there are a lot of variables in the equation that determines whether you’ll qualify for the loan you’re applying for (or whether that loan is even a good fit for you and your business).

SBA Loans: What You Need to Know

August 13, 2020, 3:09 am

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How to apply for an SBA loan step by step

August 13, 2020, 3:08 am

The coronavirus pandemic has had an unprecedented impact on small businesses in America. If you were forced to shutter your doors temporarily and are struggling to qualify for financing, read our guide to COVID-19 small business loans and grants to explore your options.