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Small Business Administration loan program: Get to know your options | Wells Fargo. March 2024. Learn about three core SBA loan programs — and how they might meet your business needs. Small business owners want to know about opportunities that can help them succeed.
When it’s time to move your business forward, a U.S. Small Business Administration (SBA) loan from Wells Fargo may be the solution if you’re seeking a financing option with: Long repayment terms. This means lower monthly payments. Lower down payments. Makes upfront costs more affordable.
The only way to apply for forgiveness for a PPP loan from Wells Fargo is either through Wells Fargo's online forgiveness application, or the SBA PPP Direct Forgiveness Portal. You’ll either use: Form 3508S. Consider using this form if your loan is $150,000 or less. This simple form requires you to provide less information and the processing ...
For eligible customers who are ready to apply for loan forgiveness, the link to the forgiveness application can be accessed either through Wells Fargo Business Online ® or through the SBA PPP Direct Forgiveness Portal.
2 sty 2024 · Pros. Multiple business loan options available. One of the top SBA lenders. Competitive interest rates. Unsecured business lines of credit include a free rewards program. Cons. Strict eligibility...
24 wrz 2023 · You can apply for an SBA term loan with Wells Fargo, however. Ability to apply online is limited: If you’re aiming for a credit line of over $100,000, you’ll need to call for an appointment...
24 paź 2024 · Wells Fargo offers the most common SBA loan products. It’s not overly transparent on the SBA fees it passes on to borrowers, but most financial institutions aren’t, which makes shopping around a good idea. Wells Fargo small business financing at a glance. *Terms and rates based on SBA guidelines. Prime Line secured line of credit.
