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Join the Small Business Boom This Independent Retailer Month
… financing. With this in mind, the SBA reduces risk to lenders, enabling easier access to capital for aspiring … -
Celebrating 70 Years of Empowering America’s Small Businesses
… conventional loan requirements. By reducing the risk for lenders, the SBA empowers small business owners to secure the … SBA announced new improvements to make it even easier for lenders to help small businesses get funding. 2. Providing … -
SBA’s Patriot Express Loan Initiative Delivers Nearly $500 Million to 6,000 Vets and Military Community
… loans are offered by SBA’s network of participating lenders nationwide and features one of SBA’s fastest … SBA district offices can provide lists of Patriot Express lenders in their areas. Patriot Express is available to … -
SBA Celebrates Women’s Small Business Month During Period of Historic Growth
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SBA Administrator Guzman Celebrates Anniversary of Women’s Business Ownership Act, Announces FY23 Lending to Women-Owned Businesses
… underserved communities through mission-driven, community lenders, and demonstrated higher rates of lending to … primary business loan program. It provides guarantees to lenders that support financing to small businesses for … purchases by small businesses. The SBA guarantee enables lenders to offer credit to small businesses that otherwise … -
SBA Administrator Announces National Small Business Week Awardees
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Statement from Administrator Mills on Urging Continued Support for Small Businesses’ Recovery Loan Programs
… across the country. They have also brought more than 1,300 lenders back to SBA’s loan programs, increasing the points of … eligible small businesses, in consultation with their lenders, to choose to be placed in the queue for possible … once again becomes available. Small business owners and lenders will have transparent access to the queue via … -
SBA Administrator Announces National Small Business Week Awardees
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SBA Resources to Help Women Entrepreneurs Start and Grow Businesses
… . Use the Lender Match tool to search for potential lenders in your area. With loan counts increasing by 70% for … -
Variety is the Spice of Life
… the numbers into a format that was presentable and was how lenders would want to see it. Knowing they would need to … business professionals in the entrepreneurial world like lenders, lawyers and accountants who would be integral to the … expect and didn’t know what was expected of him from the lenders' point of view. After a couple ill-fated financing … -
SBA Shares Resources for Black-Owned Businesses During National Black History Month
… tool that connects small businesses with SBA approved lenders. In addition, eligible businesses may apply to have … -
Let Your Business Plan Map Your Path to Success
… — especially if you’re seeking financing from traditional lenders and investors. If you are going the traditional … -
Financing Your Expanding Business with the SBA
… sets certain stipulations for loans made by its partners (lenders, community development organizations and … The SBA helps to eliminate some of the risk to lenders by guaranteeing that these loans will be repaid. … -
SBA Administrator Guzman Announces $44.8 Billion Through Signature Lending Programs
… more than $36.5 billion were provided to small businesses. Lenders reported that minority business owners received … bank or often lack relationships with established lenders. Over the past five years, loans issued to the … $100,000. This lack of small-dollar loan appetite from lenders has led to disproportionate impacts on minority … -
SBA Unveils Updated Equity Action Plan to Advance the Biden-Harris Administration’s Commitment to Investing in Equity
… Improve Access to Loan Capital by enrolling new lenders with a capacity to reach underserved markets, using SBA’s simplified lending rules to increase existing lenders’ participation, and proposing a new policy that … provided for the conversion of Community Advantage Pilot lenders to fully licensed CA SBLCs with permanent 7(a) … -
SBA Open Government Plan
… processing. The primary “on the ground” contacts for these lenders are SBA staff in the Office of Field Operations’ … mapping tool tied to agency resource partners and lenders will foster virtual online transactions that will … in providing a customer-focused response to borrowers, lenders, partners, and stakeholders. The CRM Tool is … -
SBA’s Great Lakes Region Has Nearly 308,000 Loans Totaling $22.8 Billion Approved in Paycheck Protection Program’s Second Round
… Americans…Nearly 500,000 of the loans were made by lenders with less than $1 billion in assets and non-banks. These lenders include Community Development Financial Institutions, … one third of the 2.2 million loans—were made by lenders with $10 billion of assets or less.” ### About the … -
SBA to Honor America’s Fastest-Growing Entrepreneurial Segment this Women’s History Month
… Use SBA’s Lender Match tool to search for potential lenders in your area. Likewise, if it’s an investor you seek, … -
Biden-Harris Administration Announces New Rule to Increase Economic Opportunity for Returning Citizens
… in accordance with its Risk Mitigation Framework. Lenders will also continue to evaluate individual loan applications for approval. In that context, lenders can evaluate criminal history on an individualized … and consistent with federal, state, and local law. Lenders can deny loans based on evidence of an unacceptable …