The SBA had been essentially offering two types of loans: Economic Injury Disaster Loans (EIDL), of up to $2 million (with advances of up to $10,000, dispersed to businesses within three days of ...

Explore the current interest rates for SBA-backed financing—including 7(a), 504 and microloans—and learn how these compare to traditional loan options ...

(Businessweek) — The Small Business Administration recently announced two new programs that will increase lending to businesses in disadvantaged areas and to those headed by minorities and women.

SBA loans are backed by the Small Business Administration, which guarantees up to 85% of loan amounts, reducing risk for lenders. There are three main SBA loan types: 7(a), 504 and microloans. Basic ...