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You are here: Home / Archives for sba banks

SBA Banks with Preferred Lender Status Part 2

February 7, 2012 By Marco Carbajo

SBA Banks

In the previous post we covered Part 1 of SBA Banks with Preferred sba banks Lender Status which was created to make the entire loan approval process much faster for small businesses.

Under this program, the SBA streamlines the procedures for SBA banks by giving them the authority to make the final credit decision.
Click to continue …

Filed Under: Business Credit Tagged With: sba bank, sba banks, sba preferred lenders

SBA Banks with Preferred Lender Status Part 1

February 1, 2012 By Marco Carbajo

SBA Banks

Did you know the SBA has a Preferred Lenders Program (PLP) that was created to make the entire loan approval process much faster for small businesses? SBA Banks

Under this program, the SBA streamlines the procedures for SBA banks by giving them the authority to make the final credit decision. While the Small Business Administration does not loan money directly, when you apply for an SBA-backed loan, you are basically asking the SBA to provide a guarantee that you will repay.
Click to continue …

Filed Under: Business Credit Tagged With: sba bank, sba banks, sba preferred lenders

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