Category Archives: Small Business Resources

When to Add a Personal Guarantor to a Small Business Loan Application

Whenever I explain the SBA and small business loan application process, I like to remind listeners that: (a) every small business loan application is evaluated according to five basic criteria, and (b) each loan application exhibits strengths and weaknesses which … Continue reading

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Faster Government-Guaranteed Loans Now Available for Small Businesses

For small businesses who are in the market for an SBA 7(a) government-guaranteed loan, processing the loan request and funding the loan proceeds has become a much quicker process. The U.S. Small Business Administration (SBA) continues to focus on ways … Continue reading

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Evaluating Owner Equity for a Small Business Loan

Owner equity is an important piece of evaluation criteria for SBA loans. As a new small business owner applying for financing, you may be overwhelmed by the amount of criteria that a Houston SBA lender uses to evaluate a loan. … Continue reading

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Recent Changes to Patriot Express Loan Terms

Small Business Loans for Veterans Just Got Better When I talk to veterans about small business loans, I’m surprised at how many are unaware of the options available to them. For many veterans, small business loans are much more attainable … Continue reading

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Should I Use a Small Business Broker to Find My SBA Lender?

Learn more about how to find the right Houston small business lender. A common question I hear from small business owners is whether or not it is beneficial to use a broker when seeking SBA financing. My answer is almost … Continue reading

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Small Business Lending Tip: SBA Loans Through Eligible Passive Companies

Did you know? Small business financing can be used for property not owned by the small business. Whether you’re a new small business owner or a seasoned ‘veteran’, a certified lender can help you make SBA financing work for your … Continue reading

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3 Mistakes Small Business Owners Make

To make sure your small business is a success, steer clear of these common mistakes! Though every small business is unique, research has shown that many small businesses fail for the same reasons. Regardless of industry, there are some common … Continue reading

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Small Business Lending FAQ: What Makes Real Estate Eligible for an SBA Loan?

Looking to purchase a piece of commercial real estate for your small business? Whether you’re looking to purchase an existing building, build on a piece of property, or remodel an existing business location, there are several things to consider when … Continue reading

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What is an SBA 7(a) Loan?

Looking for the right SBA loan to finance your small business? Learn more about the general purpose SBA 7(a) loan! The SBA 7(a) loan program, once considered the loan product of last resort, has become a much more popular vehicle … Continue reading

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Evaluating Repayment Ability for an SBA Loan Application

The primary definitions of the word “lend” include giving (money) to someone with the intention of getting it back.  The U.S. Small Business Administration government guaranteed 7(a) loan program fits the definitions.  It is not a government grant, nor is … Continue reading

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