2006-06-14 06:52:21 · 3 answers · asked by Mitt 2 in Business & Finance ➔ Small Business
Yep. The Government. My mom works in that department.
2006-06-14 06:57:07 · answer #1 · answered by educated guess 5 · 0⤊ 0⤋
This changes over time back and forth like waves due to several factors including the banks desire to process SBA paper which is not as profitable as in house paper, the availability of SBA guarantee funds, and the type of business you are attempting to finance vs the banks desired risk level of the portfolio they are holding. The long and short of all this is simply this, expect to approach many banks with the business loan and expect many "no's".
Good luck.
2006-06-14 15:51:46 · answer #2 · answered by davidvario 3 · 0⤊ 0⤋
Here is an excel spreadsheet of SBA's lending partners from te SBA website
http://www.sba.gov/financing/lendinvest/plplend.xls
2006-06-14 14:24:38 · answer #3 · answered by imisidro 7 · 0⤊ 0⤋