More than 800 lenders participate in the Lender Match program throughout all 50 states and U.S. territories. While all lenders who use Lender Match offer SBA-approved loans, many also offer conventional loans. There are multiple benefits to getting loans from these SBA-backed lenders including: How does it work? You will fill up a form with a few questions to … [Read more...] about SBA announces the Lender Match program that connects SMB owners to lenders
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SBA Offers Disaster Loans with No Interest and No Payments for First Year
The US Small Business Administration (SBA) will waive the interest rate for the first year on new disaster loans and extend the initial payment deferment period automatically to 12 months. “Our zero-interest disaster loan and payment deferral solutions add new tools to our toolbox to help small business owners gain flexibility as they work to invest, reopen, … [Read more...] about SBA Offers Disaster Loans with No Interest and No Payments for First Year
Bank of America has already received over 122,000 PPP loan applications from small businesses totaling over $27 Billion
By mid-morning of only the second day since the loan applications under the Paycheck Protection Program (PPP) began, Bank of America reported that over 122,000 small business clients have already applied for the program, totaling over $27B in loans. Bank of America has also expanded the process to include all current business account holders, irrespective of whether … [Read more...] about Bank of America has already received over 122,000 PPP loan applications from small businesses totaling over $27 Billion
US Govt’s $2 Trillion Relief Package and PPP loan details for SMBs
Letting go of some of your amazing and hard-working staff is a very tough call for any business, especially in these difficult times. Now, there is some relief announced by the government as part of their $2 Trillion Relief package. If you had to let go of your employees in the last couple of weeks in an effort to stay afloat during these uncertain times, please read on. The US … [Read more...] about US Govt’s $2 Trillion Relief Package and PPP loan details for SMBs