Posts by Life Insurance for SBA Loans

What is an SBA 7(a) Loan? SBA offers its 7(a) Loan Program for small business owners who need financial help for various purposes. As SBA is aware that obtaining economic freedom for startups is a challenge, it welcomes borrowers to a more flexible and relatively affordable loan term. Know more about what an SBA 7(a).. More

How to get a Small Business Loan? You’ve got a big idea for a small business. Maybe it’s a boutique pizzeria that bakes everything with organic ingredients. Maybe it’s an outdoor supplier that caters only to vegetarians. Maybe it’s an autobody shop or farm supply store or eCommerce business. But there’s one problem: you don’t.. More

What is an SBA 504 loan? As SBA remains true to its promise of giving essential financial opportunities to small business owners, the agency also welcomes borrowers for financing significant assets. If you’re familiar with SBA’s 7(a) program, you might already know that it’s made for people who primarily want to have a working capital.. More

Quick Tip: Fill out the form on the side for an instant quote on life insurance from companies who will collaterally assign a life insurance policy for your SBA loan.  Summary: (1) Use a no-exam or accelerated underwriting program. (2) Work with an agent who will accelerate the collateral assignment recording. (3) Don’t wait until the.. More

Requirements for an SBA Loan SBA loans are created for small business owners. These loans are competitive in giving financial assistance to small business owners versus larger companies. SBA loans typically range from 2 to 5 years. When applying for loans, businesses will be evaluated on a case-to-case basis based on certain requirements for an.. More

How To Get an SBA Loan? The Small Business Association, SBA, Loan is one that all small business owners have probably heard of before, but how many really understand how they work and more importantly how to get an SBA loan for your own business? If you have been looking for ways to make expansions.. More

SBA loans for Veterans The Small Business Administration provides SBA loans for veterans who wish to fund their small businesses. People who served in the military and their spouses can obtain various loan options that aim to support veterans. Take a look at the following SBA loans and see which one fits you best. Types.. More

SBA loans for Startups When it comes to starting a small business from scratch, the primary question that comes to mind might be ‘how do I finance a startup business?’ While there are many unsecured business loans for startups, they are known to be hard to come by. It’s a good thing that SBA loans.. More

SBA Disaster loan program is one of the notable loan programs of the Small Business Administration. This type of loan program is intended for people who have faced disasters and need further financial assistance to get back on their feet. If you’re curious about the SBA disaster loan process, it’s better to know first the.. More