I originally published this 14 years ago on February 16th, 2011 on the heels of the Great Recession, when a lot of people who had been beat up by the downturn in the economy were trying to figure things out. Things were tough for a lot of small … [Continue reading] about What Rocky Can Teach Us About Winning
SBA Loan Interest Rates
Originally published: July 2, 2024 | Last updated: March 2026 | By John King, Green Commercial Capital Quick Answer: Most SBA 7a loans of $500,000 or more close at somewhere between Prime flat and Prime plus 2% — which puts current market rates … [Continue reading] about SBA Loan Interest Rates
SBA Loan After Bankruptcy — Chapter 7, 13 & 11: What’s Actually Possible
The short answer is yes — you can get an SBA loan after a bankruptcy. Chapter 7, Chapter 13, and in many cases Chapter 11. This is not widely known, and a lot of people who could qualify have already been told by a lender that it is not possible. In … [Continue reading] about SBA Loan After Bankruptcy — Chapter 7, 13 & 11: What’s Actually Possible
Full Standby Seller Note — What It Means for SBA Business Loans (2026 Rules)
A "full standby seller note" is one of those SBA loan terms that sounds more complicated than it is — but understanding it correctly can mean the difference between getting a business purchase done with 5% down versus needing the full 10%, or in some … [Continue reading] about Full Standby Seller Note — What It Means for SBA Business Loans (2026 Rules)
SBA Loan Fees
SBA 7a Loan Fees The Small Business Administration announced new SBA loan fees for SBA 7a Loans in September of 2023. There are no upfront SBA 7a loan fees (SBA Loan Guaranty Fees) on loans up to $1 million through the end of September 2024 and … [Continue reading] about SBA Loan Fees
How To Finance an RV Park with No Money Down
Can you really finance an RV Park, a campground or any other "outdoor hospitality property" with no money down? The answer re: 100% financing for an RV Park, campground, glampground, etc. has 2 responses: "yes" and "kinda/sorta." Updated … [Continue reading] about How To Finance an RV Park with No Money Down
Can You Refinance an SBA Loan? Rules, Guidelines and Options
Yes. You can absolutely refinance an SBA loan. Are you stuck paying a high interest rate on your SBA loan and wondering if refinancing is an option? The short answer is yes — in fact, new rules could allow refinancing under more favorable terms … [Continue reading] about Can You Refinance an SBA Loan? Rules, Guidelines and Options
SBA Commercial Real Estate Loan
An SBA commercial real estate loan can be an exceptional value for a small or medium-sized business. SBA real estate loans are for "owner-occupied business real estate," which means that the business you own and operate must "owner occupy" at … [Continue reading] about SBA Commercial Real Estate Loan
SBA Now Making Only 3 Months Payments For Borrowers
The SBA announced today that they will only be paying 3 months of principal and interest payments on new loans approved by Sept 30th, 2021. They had previously announced they would make first 6 months of payments until the money ran out. … [Continue reading] about SBA Now Making Only 3 Months Payments For Borrowers