When you apply for an SBA loan there is usually an upfront fee charged . In these trying times, that fee along with lender reluctance to take a risk on a new or small business has helped bring SBA lending nearly to a halt. For example if a small business got approved for a $100,000 [...][...]
Posts Tagged ‘Credit Crunch’
Is the Credit Crunch Over? For Those In Indiana Relief Is In Sight!
Tags: Borrowers, Business Centers, Business Development Center, Business Development Center Network, Business Owners, Cost Of Borrowing, Credit Crunch, Department Of Treasury, Incentives, indian small business loans, Indiana Small Business Development, Lenders, Recovery Act, Reinvestment Act, Reluctance, sba, Sba Loan, Small Business Development, Small Business Development Center, small business financing, small business loans, Small Businesses, Trying Times, Upfront Fee 2 Comments