Lending under the Small Business Administration's flagship 7(a) program increased 20% in the just-completed fiscal year, reaching a record $37.3 billion. The previous high water mark was $36.5 billion ...
British banks have lent businesses more than 70 billion pounds ($96 billion) under government-guaranteed COVID lending schemes, figures from Britain's finance ministry showed on Thursday.
Jan 12 (Reuters) - The U.S. Small Business Administration (SBA) said on Tuesday it has forgiven more than 1.1 million Paycheck Protection Program (PPP) loans for over $100 billion, adding that "small ...
When the government shuts down, the Small Business Administration stops processing new loans and approving routine small-business loans.
Mayor Karen Bass has announced that her office is encouraging local small business owners and entrepreneurs to apply for the Los Angeles Contract Financing Program, which was designed by the Mayor to ...
Microfinancing is the practice of providing small loans, savings accounts, and other basic financial services to people who may not have access to traditional banks. These are often women, rural ...
As the federal government shutdown continues with no clear end in sight, the effects could soon reach Wisconsin — hitting federal workers, small businesses and even everyday consumers. Kevin Quinn, ...
Key takeawaysA no-credit-check business loan offers access to financing without a hard credit check.Business loans that don’t require a hard credit pull are often based on revenue.No-credit-check ...
In a tight credit market, regional banks turn down 80% of loan applications from small and medium-sized businesses, while large banks turn down 87%. Even business owners who can obtain bank loans are ...
The Trump administration is considering selling parts of its $1.6 trillion portfolio of student loan debt to the private market, according to a new report—an unprecedented move that would build on its ...
A new loan program through the Ohio Treasurer’s office is designed to give the state’s small businesses flexibility they need to hire or purchase equipment.