What Happens to SBA Loan If Business Fails: Understanding Your Options and Responsibilities
When navigating SBA loans, it's essential to grasp what constitutes a loan default and how the SBA guarantee mechanism operates.
When navigating SBA loans, it's essential to grasp what constitutes a loan default and how the SBA guarantee mechanism operates.
Navigating the world of finance as a sole proprietor involves understanding your business structure, available financing options, and the impact of your personal credit.
When considering a business loan, it’s essential to understand the various types of loans available and the role personal guarantees play in securing them.
In banking, understanding risk is crucial for effective management and decision-making.
Nonprofit organizations often face specific challenges when seeking loans.
Alternative financing options provide small businesses with various avenues to acquire the capital they need
SBA loans are designed to provide financial support to small businesses through various programs tailored to meet specific needs.
The SBA 504 Loan Program is designed to support small businesses seeking long-term financing for significant fixed assets
In this episode, Ken Rosenthal shares expert insights on why business owners should consider purchasing their commercial property and the best financing options available, including SBA 7a and 504 loans. Learn how owning your building provides stability, tax benefits, and long-term investment potential. Ken breaks down the differences between conventional loans, SBA programs, and other …
In this episode of the My SBA Loan Pro podcast, Ryan chats with Jim Morrison—one of the best in the business when it comes to employer benefits. We dive into group health insurance and cover everything business owners need to know, from staying compliant to finding the right coverage for their team. Jim drops a …
When you’re considering applying for an SBA loan, understanding how your personal credit impacts your eligibility is essential. The SBA, or Small Business Administration, provides support to small businesses through a variety of loan programs, including the popular SBA 7(a) and 504 loans. These loans are not directly issued by the SBA but through participating …
The Small Business Administration (SBA) 504 loan program is widely recognized as a pivotal financial tool designed to help small business owners acquire real estate or long-term financing. However, there are numerous ways to use an SBA 504 loan. With lower interest rates and favorable down payments, these loans offer a robust platform for small …