SMB Commercial Lending

10/17/2023

Business Acquisition Opportunities NOT requiring an Equity Injection:
2023 Update: SBA Loans for Business Expansion

2023 Update: SBA Loans for Business Expansion In a bid to stimulate business growth, the (SBA) has officially affirmed that no equity infusion or is mandatory when purchasing a company that shares the same NAICS code as the buyer's current business in th...

02/02/2023

Tough Sledding for Small Business Owners Seeking Financing in 2022

In 2022, for small business owners seeking commercial loans there was little to no growth in lending approval percentages. Alternative lenders led the way with a 28% approval rate followed by institutional lenders at 25%. Large banks, defined as banks with more than $10 billion in assets approved th...

11/10/2022

How to apply for multiple SBA loans?
Come and check this article below.

The answer is yes. If you qualify, you may be able to take out multiple SBA loans to consolidate debt or boost working capital. SBA loans offer great rates and favorable terms, which are especially important in the current economic climate. If previously your business qualified for a Small Business....

10/14/2022

Call or click 888-708-1028 and ask to speak to one of our today!

CEO/CFO/PRESIDENT/FOUNDER/BUSINESS OWNER: if you have not yet checked your company’s ERC eligibility, or have been advised you do not qualify, we should talk.

The Employee Retention Credit (ERC) originated with the CARES Act. It is a refundable tax credit – a grant, not a loan – that you can claim for your business. The ERC is available to both small and mid-sized businesses. It is based on qualified wages and healthcare paid to employees.

You can claim up to $5,000 per employee for 2020. For 2021, the credit can be up to $7,000 per employee, per quarter.

Even if your business did not report a decline in revenue or was deemed “essential” you can still qualify. Learn more here. https://www.smbclending.com/post/is-your-business-erc-eligible-important

Click The Link Above and we can get you started.

09/13/2022

SBA Announces $215 Million of Investment Dedicated to Small Business Export Growth Over 10 years

The U.S. Small Business Administration (SBA) recently awarded grants resulting in funding for 52 state and territory international trade agencies across the country – the highest number of grantees since the program’s inception. The awardees were selected after a highly competitive application p...

07/12/2022

Inflation is hitting small businesses hardest in these cities and states

The U.S. Census has been deploying weekly surveys to small businesses across the country since 2020. The Small Business Pulse Survey intends to measure the effects of the pandemic and other recent events. The share of these businesses experiencing notable price increases has grown considerably, acco...

06/05/2022

Is your business ERC Eligible?
Has your company checked eligibility and applied for the Employee Retention Credit?

Has your company checked eligibility and applied for the Employee Retention Credit? Quick Facts: If companies received PPP they still qualify for ERC. ERC is a refund in the form of a grant and can return up to $26,000/employee ($11,000 is the average for companies that received PPP) Companies don't...

05/03/2022

SBA Proposes Changes to Expand Small Business Eligibility in Manufacturing for Federal Contracting and Loan Programs.

The proposed changes seek to modify the eligibility rules for small businesses in nine industry sectors. The U.S. Small Business Administration (SBA) is seeking public comments on a proposed rule that would revise the employee-based small business size standards for businesses in nine North American...

04/22/2022

What is ERC? How do you know if your business is eligible?

Get up to $26,000 per employee with the new ERC tax credit! Time is running out and If your business has been affected by the pandemic you will qualify. Contact us for more detail. ERC is a stimulus program designed to help those businesses that were able to retain their employees during the Covid-1...

03/24/2022

Time is running out and If your business has been affected by the pandemic you will qualify. Contact us for more detail.