Unfortunately, however, depending on financing can lead some small businesses to financial hardship and loan default. As payments are missed and the possibility of default looms, the type of lender, ...

As with any loan, borrowing money from the U.S. Small Business Administration (SBA) means you have a legal obligation to repay that money. Repeatedly missing payments or failing to meet your loan ...

For small-business owners, getting approved for a U.S. Small Business Administration loan means low interest rates and long terms, but it doesn’t necessarily mean success. A recent study by NerdWallet ...

As the effects of the economic collapse began pouring down Main Street, the government last year was left holding a record $2.1 billion in write-offs of small business loans it had guaranteed.

Amid the COVID-19 outbreak, policies around the U.S. Small Business Administration’s lending program were loosened to get more capital into the hands of the enterprises that needed it at a quicker ...