Is SBA Financing Right For Your Business?

There are many financing options to consider as a small business owner, including the use of a traditional commercial loan versus a Small Business Administration Loan (referred to as a SBA Loan). The U.S. Small Business Administration (SBA) was founded via the Small Business Act of July 30, 1953, with the purpose to “aid, counsel, assist and protect, insofar as possible, the interests of small business concerns.” Read more

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On March 27, 2020, the Coronavirus Aid, Relief and Economic Security Act (“CARES Act”) was signed by President Trump. The CARES Act created a new Small Business Administration (“SBA”) loan program kn