The U.S. Small Business Administration (SBA) offers multiple loan programs to support small businesses at different stages of growth. Among the most well-known are the SBA 7(a) Loan, SBA 504 Loan, and SBA Microloan programs. But how do you know which one is right for your business? In this post, we’ll break down the key…
If you’re planning to purchase commercial property, upgrade facilities, or invest in major equipment, the SBA 504 Loan Program could be your most powerful financial tool. Backed by the U.S. Small Business Administration (SBA), the 504 loan offers long-term, fixed-rate financing for small businesses looking to acquire fixed assets that promote growth and job creation….
If you’re an entrepreneur or small business owner starting a new business, chances are you’ve come across the SBA 7(a) Loan. It’s widely regarded as the flagship loan program offered by the U.S. Small Business Administration (SBA) and for good reason. But what exactly is the SBA 7(a) Loan? Who qualifies for it? How can…
If you’re a small business owner considering an SBA loan, staying updated on interest rates is crucial. The SBA Max Allowed Fixed Rates determine the maximum interest rates lenders can charge on SBA-backed loans, directly impacting borrowing costs for entrepreneurs. For March 2025, the fixed rates have remained unchanged from February 2025, reflecting a period…
For many small business owners and entrepreneurs, securing funding can be one of the biggest hurdles to starting or expanding a business. Microloans offer a great solution, providing small amounts of capital to businesses that may not qualify for traditional bank loans. Whether you’re launching a startup, need working capital, or want to purchase equipment,…
