In a nutshell, the major benefit of an SBA loan guarantee is to make conventional financing available to a small business that might not otherwise qualify for the loan. Most often, an SBA guarantee ... |
To be eligible for an SBA loan guarantee, a business must meet all of the following criteria: |
The general rule is that a business is small enough to qualify for SBA assistance if it has less than 500 employees. However, this general rule is subject to industry-by-industry variations. Below is ... |
Certain types of businesses are restricted from applying for or receiving loans directly from or guaranteed by the SBA. Among these restrictions are: |
Currently, the most popular form of financial assistance from the SBA is through the agency's Low Documentation ("LowDoc") Program, a derivative of SBA's long-established guaranteed loan program. ... |
Effective December 22, 2000, a maximum loan amount of $2 million was established for 7(a) loans but the maximum amount guaranteed by the SBA was generally just $1 million. As of December 7, 2004 the ... |
In an effort to expedite processing of larger loan applications under Section 7(a), the SBA has two special lender programs: the Certified Lender Program and ... |
SBA loan guarantee programs traditionally focused upon the difficulties that small businesses have in obtaining long-term financing. In order to help these businesses with the recurring, cyclical ... |
Asset-based lines of credit are available through the CAPline program as an SBA loan guarantee on a term commitment, up to five years, for a revolving line ... |
The CAPlines seasonal lines of credit are SBA guaranteed short-term loans that help small businesses get past cash crunches attributable to seasonal changes in business volume. The loans are used to ... |
Tutorials 
