The Complete Guide to SBA Loans
Up and Running
OCTOBER 29, 2014
What is an SBA Loan? As an independent agency of the government, the SBA partners with both public and private organizations to deliver its services, including loans. An SBA Loan is not a direct loan from the SBA itself. What types of loans does the SBA loan program offer?
5 Reasons You Might Not Qualify for an SBA Loan…and What to Do About It
Up and Running
MAY 14, 2015
Small Business Administration (SBA) are attractive for business owners because they offer a range of loan sizes, long repayment terms, and most importantly, low interest rates. So what’s not to like about SBA loans? See Also The Complete Guide to SBA Loans.
The Right Ingredients: SBA Loan Prep Steps
JULY 1, 2014
Small businesses often seek out SBA loans for assistance with working capital because these loans have the lowestsingle-digit interest rates, and best repayment terms with lower monthly payments compared to other options. To start, not every small business is eligible for an SBA loan.
Cafe Commerce of San Antonio and Dreamit Ventures of Austin Win SBA Grants
SEPTEMBER 4, 2014
The SBA received more than 800 applications for its first Growth Accelerator Fund competition. Dreamit Ventures was […] The post Cafe Commerce of San Antonio and Dreamit Ventures of Austin Win SBA Grants appeared first on SiliconHills.
An SBA Rule That Drives Me Nuts
FEBRUARY 7, 2016
Lease Rules Leave Many Entrepreneurs with Tough Choices
Brief Introduction Into The SBA Loan Programs
Up and Running
JULY 14, 2011
The SBA also offers several loan programs to help those businesses meet demand, acquire needed assets and personnel, and preserve working capital in an undulating market. Under the micro loan program, the SBA provides small, short-term loans to small businesses and certain nonprofits.
Why the SBA Funds Businesses Like Yours
AUGUST 21, 2012
In the United States, many entrepreneurs get SBA loans to start or grow their businesses. Small Business Administration (SBA) guarantees a percentage of each loan. Ask them how many SBA loans they make and how often they fund loans in the dollar range of what you need.
Big or Small, This SBA Definition Tweak Affects You
JUNE 21, 2013
It''s part of a much-needed reassessment of size standards-- the SBA has not updated its criteria since the late 1970s--that will allow a far greater breadth of companies to benefit from government programs. The changes will affect nearly 18,000 individual businesses, the SBA says.
Which SBA Loan Program is Right For You?
SEPTEMBER 30, 2015
If you're interested in applying for an SBA loan but aren't sure where to start, read on to determine which SBA loan program is the best fit for your business needs
5 Pointers from the SBA's Recent Twitter Chat
MARCH 24, 2016
The chat included advice on locating resources and finding work-life balance
How the S.B.A. Can Help You Raise Money
JUNE 27, 2012
Karen Mills, who leads the U.S. Small Business Administration, explains what the government arm is doing to help entrepreneurs borrow now
Six Uses for The SBA 7a Loan Program and Why It Was Saved
JULY 28, 2015
Congress saves SBA 7a Loan Funding
3 Hurdles to Getting a Bank Loan and How to Overcome Them
Up and Running
DECEMBER 3, 2014
See Also The Complete Guide to SBA Loans. If you don’t have the right type of collateral, then focus on getting an SBA loan. SBA loans are commercial loans that are backed by the Small Business Administration.
SBA Panel: 'Focus on What You Do Best and Outsource the Rest'
MAY 14, 2014
During a National Small Business Week event, Inc. columnist Gene Marks and other experts discussed the trend of startups forming strategic partnerships to handle their non-core business functions. If you are a nascent company, time is your enemy and resources are tight.
SBA Chief Launches Accelerator Competition
MAY 12, 2014
Yes: the SBA is looking to accelerate business accelerators. Maria Contreras-Sweet , who has been at the helm of the SBA for just 30 days, said the competition''s goal is to foster "those who help seed organizations, helping startups go from zero to 60." In addition to geographic diversity, the SBA is going to be looking for incubators and accelerators that are founded by or trying to support women and other underrepresented groups.
Your Quickstart Guide to the SBA Loan Programs
OCTOBER 28, 2015
If you're interested in an SBA loan for your business, read on to get the quick facts about each SBA loan program to determine the best choice for your business
SBA Lending Program Could Reach Limit in July
JULY 21, 2015
Unless lawmakers raise the $18.75 billion limit, entrepreneurs won't be able to seek new loans from the Small Business Administration's lending program
Three Ghoulish Blunders SMBs Make Applying For SBA Funding
NOVEMBER 19, 2014
For many small businesses, capital comes from SBA loans which provide the company with low monthly payments and reasonable rates. Here are three frequent bogeymen that can trip up a small business that wants an SBA loan: 1. By Evan Singer, General Manager for SmartBiz.
Growing Your Business Value with the SBA Mentor-Protégé Program
NOVEMBER 7, 2016
A look at how the new mentorship program can help business owners better compete for government contracts and drive up the value of their business
Shulman: Should Founders Personally Guaranty Bank Loans?
Ask The VC
AUGUST 10, 2011
I’ve explained publicly to many of my government friends why the SBA is totally ineffective around lending to high growth, venture backed companies. Their requirement for a personal guarantee from the founders and any owners (including investors) of over 20% of the company is another reason the SBA is a total fail when it comes to lending for high growth companies. VC Post of the Day leading personal guarantees sba vc post of the day
Why Your Data May Not Be Safe With the SBA
JANUARY 8, 2016
A report from the General Accountability Office alleges mismanagement at the Small Business Administration, and your data may be on the line
Former SBA Chief Raises Alarm Over a Still Tight Credit Market for Small Businesses
JULY 22, 2014
Karen Mills'' Harvard report on the state of small business lending paints a bleak picture, with the exception of technology
SBA Plays Small Business Matchmaker
MAY 30, 2013
With three matchmaking events during National Small Business Week, the SBA is looking to spark a little love between small business owners and government contractors.
Hello, Middle America. The SBA Wants to Get You Funded.
FEBRUARY 4, 2013
The SBA's chief says she wants to even the balance, and she has the programs to do it. Patient Growth Capital: One of the most important tools we have at the Small Business Administration (SBA) to reach high growth entrepreneurs is the Small Business Investment Company (SBIC) program.
20 Business Laws Every Entrepreneur Should Know in 2015
Up and Running
JULY 17, 2015
Starting a Business business laws laws legal SBA small business lawsAre you finally ready to turn your business idea into a reality? As you know, there’s a lot of preparation that goes into launching a business.
Why SBA Loans Make Sense For Banks & Business Owners
MAY 30, 2013
A great source of funding to start or grow your business is SBA loans. read more. Dave Lavinsky
SBA Helping Owners Tap Their Real Estate Loans for Equity
DECEMBER 5, 2011
Business owners may be overlooking a SBA program that helps them refinance commercial loans to obtain working capital. The SBA wants to put some extra money in your pockets. Though the SBA site simply states: "Any expense directly related to business operations."
9 Surprising Reasons You Should Love the SBA--Even If You Don't Need a Loan
NOVEMBER 4, 2015
It's put $20 billion of credit into our economy without costing the taxpayers a cent
The Head of the SBA on Economic Recovery and Job Growth
MAY 4, 2015
Maria Contreras-Sweet, head of the Small Business Administration, talks about loan prospects for companies, new government programs and initiatives, and the goal of increasing the number of women and immigrant entrepreneurs
SBA's Plan for Getting More Money into the Hands of Minority Business Owners
JUNE 10, 2014
Small Business Administrator Maria Contreras-Sweet lays out her plan for economic growth
Austin Wins “StartUp in a Day” SBA Competition
AUGUST 14, 2015
Small Business Administration announced Austin as […] The post Austin Wins “StartUp in a Day” SBA Competition appeared first on SiliconHills. Everyone who has ever run a small business can tell you there is a lot of red tape and bureaucracy to deal with to get the venture off the ground. Now the City of Austin is aiming to make the process as simple as possible. This month, the U.S.
Here's How to Grow Your Business by More Than 50% In Just Two Years
OCTOBER 6, 2016
clinton, trump, NAFTA, TPP, purefit, international trade, international sales, export sales, paypal, sba
Former SBA Chief Karen Mills on How to Jump Start the Economy Now
MARCH 3, 2014
Mills stepped down from her position as administrator for the SBA last August. These are the SBA''s flagship 7(a) loan program, which gives 5,000 banks participating in the program access to loan guarantees by the federal government.
How small business owners can get a loan despite having bad credit
Blogtrepreneur | Entrepreneur Blog
APRIL 14, 2016
Business bad credit CDFI SBA 7(a) SBA loans small business loansThere’s no shortage business owners whose credit was destroyed in the great recession. I’ll bet all small business lenders see folk who have been affected.
What the Heck Will the SBA Do Now?
FEBRUARY 11, 2013
Thirteen months later, the SBA is still the SBA, and the head of the agency, Karen Mills, has announced she plans to step down. So, what should the next iteration of the SBA look like? Here are four keys to creating a better SBA, and finding someone great to lead it.
SBA Pulls More Levers on Its Smallest Loans
OCTOBER 31, 2013
This spring, the SBA had indicated it would eliminate fees on its key loans in its budget plan for fiscal year 2014, which began Oct. The SBA pulled similar levers to jumpstart lending at the height of the financial crisis in 2009, when it increased guarantees on its loans.
SBA's New Chief Charts Path Toward Her Legacy
MAY 13, 2014
The newest SBA chief discusses her goals for the agency, and responds to recent criticism that its policies favor bigger businesses. So even if you''ve never used one of the agency''s programs, or even looked at its website , getting a read of the new SBA chief is a worthwhile endeavor. readers know about you and what do you hope to accomplish as SBA administrator? Those are the secrets, and SBA holds those keys. How is the SBA planning to alleviate these concerns?
Get a Loan from the SBA
DECEMBER 7, 2011
So far this year, Pravina Raghavan, district director for New York at the U.S. Small Business Administration, loaned $789 million, up 63 percent over 2011. Here she talks about what you need to know to get your cut. View the video on Inc.com at: [link
Small Business and Startups: Where to Learn
DECEMBER 1, 2013
SBA , SCORE , Small Business Development Centers. inspiration Resources Small business blogs entrepreneur entrepreneurship incubator organizations programs resources sba small biz small business smallbiz start-up startup startups webinar
Lending to Small Business Picks up
Up and Running
OCTOBER 3, 2014
Borrowers are opting for non-SBA loans from big banks because these loans require less paperwork and generally are granted faster than SBA loans.” Funding a Business alternative lending lending loans SBA loan Have plans? Need funding? Lending is picking up.