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Disaster Loans Provided a Lifeline. Now Small Businesses Owe Billions in Late Fees.
The Wall Street Journal· 4 hours agoCreditors add their fees before placing the account with the debt collector. SBA loan documents...
Where can I get a short-term business loan?
Bankrate via AOL· 2 hours agoAlternatives to short-term business loans If a short-term loan doesn’t sound right, here are some alternatives: Long-term loans. These have repayment...
Small Businesses Owe $59 Billion From COVID Disaster Loans
PYMNTS.com· 11 hours agoThe Small Business Administration (SBA) loaned out $390 billion to keep companies afloat during...
What is an LLC loan and how does it work?
Bankrate via AOL· 8 hours agoThe company is liable for the debt unless you cosign the LLC loan or provide a personal guarantee. If you do either, you become personally liable if the...
The SBA's $5M club is getting more crowded. These companies got the largest loans. - The Business...
The Business Journals· 2 days agoThe increase — along with inflation resulting in $5 million not going as far as it once did — are...
Erie County's 2023 SBA loans: Higher volume, but ... - Buffalo Business First
The Business Journals· 2 days agoBusinesses in Buffalo and Erie County secured $55.4 million in SBA 7(a) loans in fiscal 2023, which...
Alternatives to equipment loans
Bankrate via AOL· 2 days ago...meant to cover more than a one-time purchase Equipment line of credit Flexible funding as you need it Interest limited to what you spend Purchases...
Types of working capital loans
AOL· 6 days agoFrom lines of credit to SBA loans there are several types of working capital loans.
Types of semi-truck financing
Bankrate via AOL· 2 days agoSmall Business Administration. This insurance helps protect lenders from losses when borrowers default, which means lenders can offer easier approvals...
Alternatives to fast business loans
Bankrate via AOL· 6 days agoThe biggest disadvantage of the SBA loans is that it takes a long time to receive funds — anywhere from 30 to 90 days. But the wait can be worth it for...