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SBA Loan Limit Reached

SBA Loan Limit  Reached

The Small Business Administratiion’s 7(a) loan program reached its fiscal year 2015 loan guaranty limit on July 23.  The SBA cannot issue more loan approvals until the new fiscal year begins October 1 or Congress acts to increase the limit.…

Business Listings Soar to 2009 Levels

Business Listings Soar to 2009 Levels

BizBuySell’s Second Quarter 2015 Insight Report shows that with small business financial performance on the rise, more small business owners are ready to cash in by selling. San Francisco, CA – BizBuySell the Internet’s largest business-for-sale marketplace, reports that the number of small businesses…

SBA May Hit Lending Cap

SBA May Hit Lending Cap

According to published reports, the SBA lending program is likely to reach its lending cap of $18.75 million by the end of July.  If that happens, on new SBA loans can be approved until the federal fiscal year begins anew…