SBA 7a & 504 fees Waived Through May SBA 7a and SBA 504 loan guarantee fees have been waived again as another extension of the Recovery Act was signed by President Obama Friday morning. The current extension will last until the end of May … [Continue reading] about SBA Loan Fees Waived
SBA Loan Alternatives…Asset Based Loans
Asset Based Loans - A Good Alternative to SBA Loans SBA 7a and 504 loans are 2 of the best loan options available to those in need of commercial financing at the moment, but the reality is that many small and mid sized businesses that have good … [Continue reading] about SBA Loan Alternatives…Asset Based Loans
SBA Loan – Need One? Call Your Congressperson…
Small Business Loans are sooo close to getting better and you can help. The House and Senate have drafted very similar bills to increase access to capital for Small Business, but neither has gained enough traction yet. The Senate Committee on … [Continue reading] about SBA Loan – Need One? Call Your Congressperson…
SBA Jobs Bill…not just another job’s bill…
Changes to Small Business Loan Programs Should Help Many A new bill that could go along way towards helping America's small businesses get back on their feet is currently being considered in Washington. The bill would likely give banks and … [Continue reading] about SBA Jobs Bill…not just another job’s bill…
SBA 7a Loans
SBA 7a Loans This blog is primarily about the SBA 504, but there is another SBA loan program that needs to be discussed - the SBA 7a loan. At the moment, 7a loans are MUCH easier to qualify for than 504 loans and they are more flexible than the … [Continue reading] about SBA 7a Loans
New (Much) Higher SBA 504 and SBA 7a Loan Limits
New (Much) Higher SBA 504 and 7a Loan Limits Proposed Last week President Obama announced that his administration is seeking to raise the loan limits for both SBA 7a loans and SBA 504 loans. His proposal would take the 7a loan limit from it's … [Continue reading] about New (Much) Higher SBA 504 and SBA 7a Loan Limits
SBA Loan Fees About to Go Up
SBA Loan Fee "Discount" About To Expire If you are going to apply for an SBA 504 loan then you might want to act quickly because the reduced SBA loan fees are not going to last long. SBA loan fees were reduced with a subsidy through … [Continue reading] about SBA Loan Fees About to Go Up
Incredibly Good Advice for Business Owners and Salespeople
Nothing related to small business loans in this post, but some fantastic advice from Sonia Simone...enjoy. 50 Things Your Customers Wish You New Here are the Top 11...click the link below to see all 50: I don’t need you to be perfect, but … [Continue reading] about Incredibly Good Advice for Business Owners and Salespeople
SBA 504 Interest Rate at All Time Low of 4.86%
Record Low SBA 504 Rates The interest rate for SBA 504 loans has dipped to it's lowest point ever of 4.86%*. The 504 loan is a 20 year fixed rate commercial second mortgage used for commercial property and equipment financing. The program … [Continue reading] about SBA 504 Interest Rate at All Time Low of 4.86%