What is a Small Business Administration (SBA) Loan?
SBA Loans are a flexible, competitively priced business financing option that the U.S Small Business Administration guarantees.
Non-SBA Financing Options for Small Businesses
It’s normal for entrepreneurs (like you!) who own, or are planning to own, a small business frequently find themselves in need of additional funds to run their businesses. While SBA 7(a) loans are a favored small business financing option, they’re absolutely not the only route you can take. Here are
What Prime Rate Hikes Mean for Small Business Owners (Updated Daily)
WSJ Prime rate today is 7.75%. When the Fed adjusts the federal funds rate, it has a direct impact on small businesses across the country. Find out more in our guide.
How Much is the SBA 7(a) Down Payment?
SBA 7(a) loan downpayment is lower than a standard business loan. If you qualify, you may pay as little as 5 or 10% down, depending on the lender’s policies, purpose of the loan, amount borrowed, your credit history, and more.