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SBA Small Business Loans Explained–Availability, Eligibility and the Application Process

by Moderator on 02-04-2010 07:47 AM - last edited on 02-11-2010 09:53 AM

With 2009 behind us, it's pleasing to see some indicators that the government-backed small business loan market may be trending in the right direction. In early January 2010, CNN Money reported that the SBA's flagship lending program - the Basic 7(a) Loan Program - backed 37% more loans in its latest quarter (Oct - Dec 2009) than it did during the same period in the year prior. That's $3.8 billion spread across 12,393 loans. If you have struggled to get financing in the past, or are thinking of venturing into small business loan territory for the first time, here are some pointers. Read more...

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Provides helpful information about a broad range of small and home business issues, taking a deeper dive into topics on the minds of entrepreneurs, and including direct links to resources that every business owner looks for when navigating the government maze.
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  • Caron Beesley has over 15 years of experience working in marketing, with a particular focus on the government sector. Caron is also a small business owner and works with the Business.gov team to promote essential government resources for small business owners.
  • Hi, I'm Sean Gallagher. I'm a business journalist and freelancer, and a consultant to Business.gov. I've been a sole proprietor for 18 of the last 20 years, working as a freelance writer and technology consultant.
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