Collateral acts as security for the lender if you default on the loan and can’t repay it for any reason. If your business is ...

A Senate hearing last week studied how the SBA’s flagship loan program, known as 7(a), turned cash flow negative last year, after the agency dropped its fees and loosened its le ...

As of 2025, loan forgiveness is only available for the SBA’s Paycheck Protection Program (PPP) loans. Other SBA loans, including Economic Injury Disaster Loans (EIDL) and 7(a) loans, do not qualify ...

The agency completely eliminated upfront guaranty fees for 7(a) loans under $1 million in October ... But the Biden-era SBA’s decision to remove fees has drawn ire from Republican lawmakers.

rising delinquencies and backlogged loan buybacks are plaguing the popular program. The Small Business Administration’s flagship 7(a) loan program lost hundreds of millions of dollars in 2024 as ...

Kelly Loeffler, the agency's administrator-nominee. The Small Business Administration’s flagship 7(a) loan program lost hundreds of millions of dollars in 2024 as agency fee reductions combined ...

SBA loans usually take 30 to 90 days from when you apply to when you receive your funds. Learn more about factors that affect the SBA loan process and how to apply.

A three-branch community bank in LaGrange, Georgia, is seeking to carve out a role as a national servicer of Small Business Administration 7(a) loans. Last month, the holding company for the $176.2 ...

SBA 7(a) loans offer long terms, competitive rates and high loan maximums, which are ideal for restaurant owners who can qualify. So far in fiscal year (FY) 2025, over $1.9 billion in 7(a ...

SBA 7(a) loans are a key profit center for RC, generating almost half of Distributable Earnings in 3Q24. I suspect both of these issues are material to RC’s financial health. RC’s current book ...

Trump administration effort to wind down the Education Department could lead to frustration for millions of student loan ...