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1 sie 2023 · A new feature SBA will begin accepting is the Universal Purchase Package (UPP), which will streamline the process for lenders to request SBA honor its loan guaranty, and SBA will introduce new features in E-TRAN, SBA’s online platform used by lenders to upload loan applications.
Join SBA experts Tonya Mazurek and Paul T Long every Tuesday at 2 PM EST for live discussions on the latest SBA news and trends. Stay informed on small business lending updates, loan strategies, and industry challenges.
Increasing the maximum loan size of 504 loans up to $5.5 million will help small businesses grow and expand their payrolls by supporting real estate purchases. And increasing the maximum loan size of SBA microloans from $35,000 to $50,000 will give a boost to start-ups and other smaller businesses.
14 sie 2024 · See additional lending data and more information on how the SBA under the Biden-Harris Administration has taken steps to increase access to capital in underserved communities. Black Lending: In FY24 so far, the average monthly loan count is 415, triple the average monthly loan count in FY20.
31 mar 2022 · The SBA announced Wednesday that it is extending Community Advantage, an Obama-era program that has approved more than 7,200 loans for $981 million since its inception in February 2011.” Inc. Magazine | SBA Will Expand a Key Obama-Era Lending Program for Low-Income Business Owners
22 lip 2024 · The initiative will employ SBA loan guarantees to attract additional private capital in support of clean energy investments spurred by President Biden’s Inflation Reduction Act.
30 mar 2022 · The Small Business Administration announced reforms to the agency's Community Advantage loan program, offering a shot at more capital for those in underserved communities.
