The 10% down payment is firm for new owners. A new owner buying a business (an initial acquisition) must inject at least 10% ...
Growth requires capital. Whether you’re expanding facilities, acquiring a competitor or building a stronger balance sheet for the next quarter, businesses need a strong financing strategy to fund ...
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SBA loan forgiveness for PPP, EIDL and 7(a) loans
The U.S. SBA offers many loan programs to help small businesses. Learn the basics about PPP, EIDL and 7(a) loans and which of ...
The bona fide place of business requirement was adopted by the SBA in 1998 and applies only to 8(a) entities engaged in construction work for the federal government. The bona fide place of business ...
The Small Business Administration is trying to get the word out that low-interest loans are available for people who were impacted by last month's tornado and storms – business owners, homeowners and ...
Small business owners have had to navigate several challenges in recent months. Consumers are feeling the pinch of inflation, and lenders are becoming more selective as interest rates have increased.
SAVE is no longer available following a federal court order, meaning borrowers need to change their repayment plan. “The highest mortgage rates in more than a year and a half are landing on a market ...
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