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Loans guaranteed by SBA range from small to large and can be used for most business purposes, including long-term fixed assets and operating capital. Some loan programs set restrictions on how you can use the funds, so check with an SBA-approved lender when requesting a loan. Your lender can match you with the right loan for your business needs.
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COVID-19 Small Business Loans . The Small Business Administration (SBA) offers programs that can help your business if it’s been affected by the coronavirus pandemic. Paycheck Protection Program (PPP) The Paycheck Protection Program (PPP) ended on May 31, 2021. It offered loans to help small businesses and non-profits keep their workers employed.
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Secured business loans. Expand your business or refinance debt with a loan secured by your choice of collateral. Loan amount: From $25,000 Interest rate: As low as 3.50% Disclosure2 † Fixed rates Loan terms: up to 4 years (when secured by business assets); up to 5 years (when secured by CDs)
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What is a business installment loan and why would I need one? expand. This is a fixed or variable rate loan, available in amounts from $5,000 and up for a specific length of time, e.g. five years. These funds can help finance capital expenditures like new equipment, redesigning your offices, or expanding your business. ...
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Application Process Now Live for Michigan Small Business Relief Program Funding Contact:. Kathleen Achtenberg achtenbergk@michigan.org Michigan’s small businesses impacted by the COVID-19 virus can now apply for grants and loans through the Michigan Small Business Relief Program, the Michigan Economic Development Corporation announced today.
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Michigan District Office. 477 Michigan Avenue Suite 1819, McNamara Building. Detroit, MI. (link is external) Phone: 313-226-6075. Grand Rapids Alternate Work Site. Ford Federal Bldg.,Rm307 110 Michigan St. NW. Grand Rapids, MI (link is external) Phone: (616) 456-5512.
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Founded in 2007, National Business Capital & Services is a Bohemia, New York-based business financier. It is known for providing loans to small businesses across the US, Peurto Rico and Canda in a quick and efficient manner. The company also offers business equipment financing and business lines of credit, in addition to small business loans.
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Kabbage, Inc. is an online financial technology company based in Atlanta, G...
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