SBA loan process is often disappointing for borrowers

Last October the Small Business Administration removed fees on SBA-guaranteed loans under $150,000. Although last year’s average SBA loan was closer to $380,000 and the year before was around $327,000, it might be interesting to note that before the financial meltdown in 2008, the average SBA loan amount was closer to $175,000—more in line with … Continue reading “SBA loan process is often disappointing for borrowers”

The main reason for requesting a new loan

In the current study, loan consolidation study company reviewed an applicant’s age, loan purpose and amount, credit quality, employment status and yearly income. One in four personal loan applicants chose debt consolidation as the main reason for requesting a new loan. Other top reasons were for household expenses, auto costs and healthcare bills. A professional … Continue reading “The main reason for requesting a new loan”

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Pages About Contact Sitemap Posts SBA loan process is often disappointing for borrowers You can start reducing your debt today Banks offer refinancing loans You can repay the loan early Course you also have to keep in mind You can also extend the repayment period The best option does not have to be the first … Continue reading “Sitemap”