The president-elect has threatened to take over the Panama Canal. Don’t expect normal service. Here’s what we’re keeping an ...

Small Business Administration (SBA) Definition: A federal government agency created to foster and protect the interests of small business The SBA was created by Congress in 1953 to help American ...

Fact checked by Lars Peterson Reviewed by Samantha Silberstein Your business must meet several key criteria to qualify for an ...

The SBA does not lend small businesses money directly ... SBA loan over $50,000 is WSJ Prime plus 2.75%. That cap means ...

The interest rate charged on SBA guaranteed loans is based on the prime rate. While the SBA does not set interest rates, since they are not the lender, it does regulate the amount of interest that ...

For example, some lenders do offer SBA loans to startups ... That comes in the form of a personal guarantee, meaning you personally promise to cover the loan if the business can't.

Ahead of Small Business Saturday the Biden-Harris Administration Announces Expanded Federal Support for Small Businesses ...

First, it raised the loan-to-value ratio from 85% to 90%, meaning businesses can now ... but now any reduction will do. Finally, the SBA expanded the types of debt that can be included in ...

One way to do that is to digitize the SBA’s lending infrastructure to reduce the loan application process from 90 days to less than a week. This would get capital into the hands of entrepreneurs ...