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 ...

A business plan outlines how you plan to utilize loan funds for business purposes and the key characteristics of your business, including structure, industry, location, and services or products ...

Elon Musk's DOGE recently announced that the SBA will be placing new age requirements on business loans amid sweeping ...

To qualify, you will need to meet SBA loan requirements: You must own a for-profit business that is located and operates in the U.S. or its territories. Your business will need to meet SBA size ...

No-collateral loans are offered by a variety of lenders, but loan terms and approval requirements can be very different. SBA 7(a) Loans The Small Business Administration (SBA) guarantees loans for ...

The U.S. Small Business Administration is hitting the road to help disaster survivors rebuild stronger in the wake of Hurricane Helene.  From April 7-17, SBA will host interactive sessions across ...

Because the new borrower has to meet current SBA loan requirements, this process is similar to applying for an SBA loan from scratch. The new borrower should be prepared to provide the following ...

Herb Chambers, a well-known New England automotive retailer, has agreed to pay the federal government roughly $11.8 million ...

Herb Chambers settles $11.8M over PPP loan fraud claims tied to SBA cap violations; 8 companies reapplied after initial ...

New England auto mogul Herb Chambers has agreed to pay roughly $11.8 million to resolve federal allegations that several of ...

The U.S. Small Business Administration has restored lender fees to its 7(a) loan program. The 7(a) program, the SBA’s primary business loan program, provides loan guarantees to lenders that allow them ...

Herb Chambers, who sold most of his New England-wide network of car dealerships, has signed an agreement to pay $11.8 million ...