A GAO report has found that the Small Business Administration needs to improve compliance with the credit elsewhere requirement and its 7 (a) loan program. For its 7(a) loan program, the Small ...

In the proposed rule, the SBA sought to incorporate clarifications and policy changes first published in the Agency’s “Frequently Asked Questions” memorandums for the HUBZone Program. Currently, ...

WASHINGTON, D.C. — The U.S. Small Business Administration (SBA) recently announced the reinstatement of its bona fide place of business rule for participants in the 8(a) Business Development Program.

The Small Business Administration (SBA) published earlier this month one of the most significant rule changes in recent history. We previously addressed the new M&A and long-term recertification rules ...

The SBA has eliminated the long-standing Small Business Scoring Service (SBSS) benchmark used to screen SBA 7(a) loan ...

The Small Business Administration (SBA) annually issues a funding opportunity announcement with an estimate of total funding for the Small Business Development Center (SBDC) Program. The SBDC Program ...

WASHINGTON, Aug. 21, 2023 (GLOBE NEWSWIRE) -- Today, on her first day of a multi-city Alaska trip, U.S. Small Business Administration (SBA) Administrator Isabella Casillas Guzman announced the ...

The government’s 504 program for loans up to $5.5 million has always had a reputation for restrictions and red tape. Things have gotten easier for businesses worth less than $20 million. With interest ...

The SBA’s new SOP shifts more responsibility to lenders and requires stricter documentation on equity, collateral and eligibility. Franchisors must be listed in the SBA Franchise Directory by July 31, ...