Small Business Administration (SBA) Loans

Can I apply for SBA loan twice? In short, as long as your lender allows it, you can have multiple SBA loans at the same time. To qualify for a second SBA loan, your first loan should be in good standing, and you’ll want to have positive cash flow, strong credit, and sufficient collateral. Read … Read more

Where is the best place to get a SBA loan? The Best Banks for SBA Loans Live Oak Bank. In 2020, Live Oak Bank took the #1 spot on the SBA’s list of the top SBA lenders in the country, lending a total of $369,181,900 to small businesses via 258 7(a) loans. Wells Fargo. Huntington … Read more

Is SBA still giving out small-business loans? SBA continues to offer other funding options for small businesses including traditional SBA loans. Read more on www.sba.gov The pandemic has severely impacted small enterprises. Because of this, a lot of small business owners have been appealing to the government, particularly the Small Business Administration (SBA), for financial … Read more