Rejecting an SBA loan often means losing a small business client entirely. These clients often require other services. These include checking accounts, payroll services, and credit cards, and they ...

For small-business owners, getting approved for a U.S. Small Business Administration loan means low interest rates and long terms, but it doesn’t necessarily mean success. A recent study by NerdWallet ...

Ruedy declined to comment on the situation. SBA loan defaults generally occur in two stages. The first is when the bank decides it won’t get its money back and asks the government for the guaranteed ...

Amid the COVID-19 outbreak, policies around the U.S. Small Business Administration’s lending program were loosened to get more capital into the hands of the enterprises that needed it at a quicker ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The program is the latest target ...

Learn what it means to default on a business loan and what options you have available if this happens to you.

Explore the current interest rates for SBA-backed financing—including 7(a), 504 and microloans—and learn how these compare to ...