SBA loans are available for small business owners needing help getting a conventional business loan. They have more relaxed requirements when it comes to repayment and eligibility. Business owners receive many benefits when working with the Small Business Administration. In addition to their funding, they receive counseling and valuable information on running a business successfully.Read more
Blog
A personal guarantee is your commitment to repay your business loan if your company fails to meet its obligations. If you default on the loan, your personal property, home and other possessions can be seized and sold to pay back the money. Offering to sign a personal guarantee may provide you with better odds forRead more
Don’t feel disheartened if the bank rejects your business loan application. Instead, it would help if you analyzed the reasons for their rejection. In this blog, we will discuss the steps you should take to be better equipped the next time you submit your application to help improve the chances of your application being approved.Read more
As a small business owner, you may have applied for a small business loan to keep your company going throughout this challenging time, purchase new equipment, or scale-up in some way. It may even be to get your business off the ground so that you can turn a profit. Applying for a business loan isRead more
65392838 – sba loan application form with a pen on a desk with an approved stamp Low-interest disaster loans from the U.S. Small Business Administration (SBA) are available for businesses of all sizes and private nonprofit organizations. Qualified applicants may borrow up to $2 million to repair or replace damaged or destroyed real estate, machinery and equipment,Read more
