Common factors business lenders might consider include annual revenue, time in business and personal credit score ...
As the effects of the economic collapse began pouring down Main Street, the government last year was left holding a record $2.1 billion in write-offs of small business loans it had guaranteed.
Outcomes vary depending on the type of bankruptcy filed, whether the loan is secured and whether a personal guarantee was signed. Many, or all, of the products featured on this page are from our ...
As economic uncertainty persists, small businesses are increasingly relying on SBA loans for refinancing, working capital and expansion. In the first quarter of 2025, loan approvals soared 38% year ...