Blog - Page 3 of 6 - Life Insurance for SBA Loans

Can an SBA Loan be Paid Off Early?

Can an SBA loan be paid off early? Thinking about paying off loans when you have the chance is a common idea. You might want to reduce business debt or confront your fear that there is the possibility that your business might go under. If you’re wondering if you can have an SBA loan be…

Can an SBA Loan be Forgiven?

Can an SBA loan be forgiven? Yes, SBA loans can be settled. Below is some information that we hope will answer many of your questions. If you need more help, there are companies like this who will guide you through the entire SBA Offer In Compromise process. What happens when the unthinkable happens and your small business,…

SBA Loan Maximums

SBA loan maximum amounts for each type The Small Business Administration (SBA) helps bridge the gap between small business owners and lenders. SBA loans may be difficult to qualify for, but they offer some of the best deals in the market. The interest rates can go as low as 10% and the repayment terms up…

SBA Loan Approval Rate

SBA loan approval rate Small business lending saw positive figures in 2017 as there was a high SBA Loan approval rate of 64.3% from institutional investors. The rising interest rates and less restrictive regulation of the banking industry have helped create an excellent atmosphere for small business lending. Since December 2015, the Federal Reserve has…

How to get SBA Loan Collateral?

How does life insurance cover SBA loans? The excitement of starting a small business venture can be beyond limits. Nothing might be more exhilarating than firm shake hands while sealing newly found deals. Success stories look nothing like what’s behind all the glitz and glamour of triumph. For those who need to start from the…

Which SBA Loan is right for you?

Which SBA Loan is right for you? SBA offers multiple SBA funding programs that foster the growth of small businesses. This government agency can provide loan guarantees of up to 85% of the loan amount. With the cooperation of SBA-approved lenders, startups can enjoy financial help from reliable fund sources. The two banner loan programs…

What is an SBA Loan?

A Small Business Loan 7(a), is one of the most efficient ways to finance your growing business. Compared to other financing options, an SBA loan often will most likely offer the lowest available interest rates and most flexible terms. The interested rates that are offered are so low because an SBA loan is guaranteed by…

SBA 7(a) Loan – What is it?

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)…

A Step-By-Step Guide To Getting A Small Business Loan

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…