The U.S. Small Business Administration thru its disaster relief program is offering low-interest coronavirus disaster relief loans for working capital to California, New York, Washington, and dozens of other state’s small businesses that are suffering substantial economic damage as a result of the COVID-19. Not all states have applied for this […]
For buyers seeking acquisition financing, an SBA 7(a) loan can be a fantastic tool. Relative to conventional loans that typically require down payments of 30% or more, buyers utilizing SBA loans can make a down payment of 10-25% (more on this later), and obtain a low fixed rate (a small amount […]
Finding the money to start your own small business can be a challenge. Over the decades, countless people have turned to the Small Business Administration (SBA) for help. A recent Inc. Magazine article, “Kickstart Your Business Dreams with SBA Lending,” by BizBuySell President, Bob House, explored how SBA lending can be […]