But applying and getting approved for an SBA loan can require extensive documentation. Before you apply, take the time to understand the process and requirements. "The better prepared you are ...

You’ll also have to meet the SBA’s standard eligibility criteria and demonstrate your need for financing. You should review these business loan requirements ahead of time to get a better sense ...

The 7(a) loan program is currently losing money, which could put it in the political crosshairs. At the agency itself, DOGE's calamitous terminations haven't helped.

SBA 504 loans, for example, will require a down payment of 10% or more. SBA loan requirements vary based on the lender and the particular loan program, but you’ll typically need several years in ...

The SBA reviews a loan application submitted to a lender to make sure it meets eligibility and credit requirements. The agency then signs off on the loan, but final approval rests with the lender.

Every loan application requires borrowers to provide a substantial amount of information about the business and its owners. When applying for a ...

Data from the Small Business Administration shows which Orlando industries are getting the most loans approved and which are ...

Small business owners today have more options than ever to borrow working capital. While the increased number of options is ...

The SBA is announcing an increase of the maximum loan amount backed by SBA Community Advantage Small Business Lending Companies from $350,000 to $500,000 for active lenders in good standing.

Term loans from a bank or commercial lending institution that the SBA guarantees as much as 80 percent of the loan principal for SBA financing programs vary depending on a borrower's needs.