VEDC Lending to Small Businesses During SBA Program Shutdown $65 million in capital available to small businesses through VEDC Despite the shutdown of the Small Business Administration (SBA) 7(a) loan program until October 1, VEDC is lending to entrepreneurs and has $65 million in available capital that will allow the non-profit to continue serving small […]
Tag: "SBA loans"
Changes will open the door for more small businesses to qualify for SBA-504 loans. More small businesses will soon be able to qualify for SBA-504 loans to buy commercial/industrial buildings, according to CDC Small Business Finance. On April 21, the Small Business Administration (SBA) will eliminate provisions that prevented small business owners with a high-net […]
Many first-time entrepreneurs find it difficult to launch their chosen business on a shoestring budget. If you need financial help and your bank won’t help you, consider going the route of a SBA-backed loan. The United States Small Business Administration doesn’t loan you the money directly; they partner with selected banks and guarantee the loan […]