Clark County Credit Union (CCCU) is proud to announce it is one of Nevada's top financial institutions for Small Business ...

SBA Syracuse District Director Daniel Rickman emphasized the record growth in loan approvals, particularly for loans under ...

Information on The List was obtained from the New Mexico SBA District Office’s 7 (a) & 504 Activity Reports for New Mexico-based lenders in the fiscal year 2023 and could not be independently verified ...

Ballston Spa National Bank has named a longtime commercial lending executive to its C-suite. Jim Conroy III was appointed as ...

Return on Tangible Common Equity (“ROTCE”) 1 of 21.3% for the three months ended September 30, 2024; a decrease of 0.5% over 21.4% for the three months ended June 30, 2024, and a decrease of 14.5% ...

IRVINE, Calif,-- ( BUSINESS WIRE )--Beach Cities Commercial Bank, www.beachcitiescb.com (OTCQB: BCCB) (the "Bank"), today announced financial results for the quarter ended, September 30, 2024.

In Fiscal Year 2024, Delaware and Chester counties saw a significant rise in Small Business Administration (SBA) lending [1], ...

That said, like the SBA (7)a loan, the SBA CDC/504 loan has its limitations. Loan approval and funding times are long. Plus, only certain types of businesses are eligible for this financing. Read our ...

The CDC portion’s interest rates are pegged to five- and 10-year Treasury notes. SBA 504/CDC loans must follow specific SBA loan requirements, such as business owners needing to create or retain a job ...

30, up 7% from a year prior. The growth was driven by smaller loans, the agency said in its annual Capital Impact report. For the first time since 2008, the SBA distributed more than 100,000 ...