by First Union Lending | Jan 24, 2023 | Business Finance, Resources, SBA, Small Business
Small business loans can be difficult to come by. Either you don’t have enough years in business, perhaps not enough revenue, or lack of collateral, all factors that prove hindrances when you go to apply for a loan. This is precisely the reason why U.S. Small...
by First Union Lending | May 9, 2022 | SBA
The SBA has been busy. With a series of loans issued over the past couple of years in light of the pandemic and what they have been doing to help small businesses throughout this challenging time, the organization is trying to find even more ways to make SBA loans...
by First Union Lending | May 2, 2022 | SBA
The SBA Community Advantage program helps lower-income entrepreneurs access the capital they need to keep their businesses up and running. It also helps borrowers who are located in underserved communities. Recently, the SBA Community Advantage loan program underwent...
by First Union Lending | Apr 8, 2022 | SBA
Getting an SBA loan can be somewhat lengthy, especially if you don’t know what information is needed on the application. This is why we’ve broken it down step-by-step so you can be better prepared for what’s involved in the process. Step 1: Make Sure...
by First Union Lending | Feb 1, 2022 | SBA
February marks Black History Month. This is a month where we celebrate black culture, commemorate the contributions of black leaders, thinkers, and various figures throughout history, and recognize how critical black stories are to the American experience. Part of the...
by First Union Lending | Dec 10, 2021 | SBA
SBA business loans are quite popular for many businesses in numerous industries. If a company meets the SBA eligibility requirements and can qualify for a business loan via a participating lender, getting an SBA loan is often a great move. What’s more, the SBA also...