California Small Business Loan Guarantee Program is part of the United States’ unique Small Business finance program to assist with the selling and buying of privately held businesses and real estate. These programs are under the administration of the Small Business Administration or SBA. Small businesses use the SBA 7(A)-loan program for business acquisitions. Similarly, […]
Here at Rogerson Business Services SBA Loans in California are essential. The fact is that you will need financing to buy a business, and your buyer will need it if you are selling a business. We also understand that you don’t just need a lender, you need the right lender. California SBA Loans That’s why […]
The Small Business Administration issues and/or guarantees loans for small businesses, and getting SBA loans is one of the most common way many entrepreneurs fund their dream of owning a small business. The process of qualifying for and getting SBA loans is pretty static, but interest rates, what loans and how many are approved, and […]
An anatomy of the 2018 government shutdown and SBA loan. The highs and lows of business ownership are many…especially if you are a business owner selling to move to the next chapter of your life or a business owner buying starting out on your ‘American Dream’ to own and operate your own business. The steps […]
It’s normal for the buyer of a business to need some sort of finance to buy a business. The two ways, in general, are an SBA loan or seller financing or note or a combination of both. Most business owners are reluctant to offer seller financing as they are not sure their seller’s note will […]
SBA loans continue to be the primary source of finance for new entrepreneurs whether they are wanting to start a business, buy an existing business or buy a franchise. Seller finance remains an option for the seller that is willing to carry the finance on the remainder of the purchase price for their business, but […]
Whether we like it or not, the SBA program remains the primary engine behind third-party loans between a buyer and a seller of a small business. The incentives for the banks, credit unions, and others to underwrite SBA loans instead of a conventional loan are simply too strong. This is because if a loan […]
SBA loans have become a critical source of finance when a seller wants to sell their business and a buyer wants to buy a business. The SBA or Small Business Administration is a federal government initiative and since the Great Financial Recession has been the primary source of third party finance allowing businesses to be bought and sold.
How do I apply for an SBA loan? Since the Great Financial Crisis started in the third quarter of 2008, small business owners have been squeezed with the performance of their business as they have been starved of access to credit. This starvation for credit would have been exasperated were it not the lending of the SBA through their different loan programs and the banks they support.
As an environmental consultant it seems that hardly a year passes that does not bring along with it some new potential concern, previously unidentified liability or new tougher regulations that must be adhered to. In this article, I wanted to inform our members of recent changes required by the Small Business Administration (SBA) as part of their updated environmental program.
According to SCORE, the lack of a comprehensive Business Plan is one of the top three reasons a busines fails. Let’s look at that in more detail.
Money tends to rate high up on the list of needs for people planning on starting or moving into business ownership. Here’s 7 tips if you need financing for your business.
Need a small loan to keep your business going? The economic stimulus package includes a $35,000 life preserver for small businesses drowning in red ink. Under the law, the Small Business Administration temporarily will guarantee 100 percent of loans of up to $35,000 issued by banks to small businesses that are struggling to make payments […]