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 ...
In a blow to the Biden administration’s effort to increase corporate transparency, an Alabama federal district judge has ruled that the Treasury Department cannot require small business owners to ...
Your business must meet several key criteria to qualify for an SBA loan. This includes having good personal credit as the business owner, operating within the U.S. or its territories, demonstrating a ...
WASHINGTON, D.C. — The U.S. Small Business Administration (SBA) recently announced the reinstatement of its bona fide place of business rule for participants in the 8(a) Business Development Program.
The SBA's SOP updates enable lenders to approve larger loans for businesses who meet lower qualification standards, helping more small business owners access capital. The SBA 7(a) program changes that ...
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 ...
The SBA says it’s bringing back discipline after a stretch of loose lending. But in trying to clean things up, it's tangling up deals that don’t need fixing. Deals are falling apart as the SBA is set ...
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 SBA released its Paycheck Protection Program (PPP) Loan Forgiveness Application and clarified a few critical definitions and documentation requirements in their instructions. The forgiveness ...
A number of factors can automatically disqualify you from an SBA loan, but you do have other financing options if any of these apply. Many, or all, of the products featured on this page are from our ...