Microloans provide relatively small funding amounts to certain companies, including startups and businesses with limited or poor credit that cannot qualify for traditional business loans. If other ...
A microloan is what it sounds like: a small loan. As a general rule, it refers to a small-business loan made to an entrepreneur looking to get started or grow their business. How small does a loan ...
The SBA is making a number of changes to its lending programs in a bid to boost loans and access for small businesses. The demand for Small Business Administration loans stayed strong in fiscal 2022 — ...
If you’re a small-business owner on a quest for capital, there are several smart reasons to turn to nonprofit microlenders. These lenders go beyond making small loans to entrepreneurs and provide some ...
The SBA delivered over $44 billion in loans nationwide in FY2025, with $1.2 billion in the Seattle District. Rural lending rose 20%, and manufacturers gained new access to capital under the Made in ...
You may have heard of microfinance, but what it actually is and what the popular perception of what it is are often two different things. Microfinance began in 1974 when Muhammad Yunus started Grameen ...
U.S. Small Business Administration (SBA) lending across Eastern Pennsylvania’s 40 counties increased in fiscal year 2024, which ended Sept. 30. Approvals for SBA 7(a) Loan Guaranty Program and 504 ...
The application process for microloans varies depending on the type of loan and the lender. Before granting your loan, microloan lenders will generally analyze your business plan, credit history and ...