Why Big Banks Are Suddenly Interested In Small-business Lending Again | Inc.com

The program will lead you through the necessary steps to secure your share of the billions of dollars that are available for new business start-ups, and existing businesses. SBA Expeditors will: Match you with the proper Intermediary (Lender) For Your Business Give you the correct Application and Paperwork Create your comprehensive business plan to submit with your application. Advise you with Step By Step Instructions of How To Apply for and Get Approved For your Small Business Loan SBA Expeditors is helping hundreds of people by saving them the headaches of trying to navigate the SBA loan alone. They offer a proven track record of helping individuals obtain their small business loan from the federal government. This little-known fund is distributed through special non-profit intermediaries who are funded by the United States Government. Most people aren’t even aware that this special fund exists nor how to tap into this hidden gem available to almost all small business owners and legal U.S. residents looking to start a new business. Clients are getting loans of up to $50,000 in 30 days. SBA Expeditors gives you all the paperwork you’ll need and offers step-by-step instructions to help you get the money you need for your small business. Let SBA Expeditors cut through all the red tape, and get you up to $50k. You will learn: How and where to find a lender What you need to submit to the lender How to get started immediately The best way to get approved in less than 30 days Most loan brokers and banks charge on a percentage basis to assist you in obtaining your loan. This can amount to thousands of dollars. SBA Expeditors will guide you through the process for fraction of the cost.
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The silver lining was that companies learned to run “lean and mean” during the recession and then were able to squeeze out more profits when good times began to return. I speak with dozens of small business owners each week. The sense I get is that they are confident that now is as good a time to borrow money as ever before. Banks seem willing and interest rates are still low. Entrepreneurs are taking the funding and using it to purchase businesses, expand existing ones, buy buildings and replace equipment. Essentially, they are willing to take on higher levels of risk, in part, because of the rise of SBA lending in which the agency provides 75 percent guarantees to lending institutions and waives some of it fees (thus making small business lending more attractive for the banks that process SBA funding.) The new head of the SBA, Maria Contreras-Sweet, has pledged to streamline the application process by better incorporating technological upgrades such as the acceptance of electronic loan applications and eSignatures.
For the original version including any supplementary images or video, visit http://www.inc.com/reasons-for-the-return-of-big-banks-to-small-business-lending.html

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