Small Business Administration: Commonly Used Terms
Use the following definitions to get accustomed to the lingo of the Small Business Administration (SBA).
Side-by-Side Look: SBA Loans Versus Conventional Loans
How does the SBA 7(a) loan program compare to a conventional bank loan?
The Small Business Administration (SBA) has many resources for business owners. Money is one of them – certainly enticing for anyone looking to start, scale or shift directions in their business.
Two Insider Tips for Picking a Bank for Your SBA Financing
SBA financing – particularly when used for business acquisition – involves very specific limitations and requirements. Because of its detailed and complex nature, using just any bank for SBA lending would be a mistake. Do your research and pick a bank that has experience and that you trust.
This is not an exhaustive shopping guide but these two tips will get you well on your way to making a solid choice in your SBA lender.