Term loans from a bank or commercial lending institution that the SBA guarantees as much as 80 percent of the loan principal for SBA financing programs vary depending on a borrower's needs.

Depending on the type of loan, it can be used for a range of purposes, such as buying equipment, real estate or inventory. But applying and getting approved for an SBA loan can require extensive ...

Jeanne Hulit, the Small Business Administration's associate administrator in the Office of Capital Access, will take over as interim head of the agency when Karen Mills departs at end of the month ...

You’ll likely need good personal credit (typically a score of 690 or higher) or excellent business credit to qualify for a government-backed SBA loan or traditional bank small-business loan.

But to be approved, a business must meet standards that vary based on the lender and the type of loan. Factors that lenders weigh when determining whether your small business qualifies for an SBA ...

The Small Business Administration’s flagship 7(a) loan program reportedly showed losses of hundreds of millions last year, but any suggestion of its demise would be premature—even with the ...

The senators said the SBA’s workforce purge — conducted at the same time as firings across the government — could impact disaster relief and loan oversight at the SBA. “Through our own ...

The U.S. Small Business Administration opened two local Business Recovery Centers to advise hurricane victims on their ...