Insights, updates and latest news

Understanding the Debt Service Coverage Ratio (DSCR) for Your SBA Loan

Why does the SBA require your home as collateral for loans? This guide explains how business assets are valued and why home equity is often needed to secure SBA loans, ensuring lender protection and loan feasibility.

Why Does the SBA Want to Take my Home as Collateral?

Why does the SBA require your home as collateral for loans? This guide explains how business assets are valued and why home equity is often needed to secure SBA loans, ensuring lender protection and loan feasibility.

What if I Sell my Home that is Pledged as Collateral on an SBA Loan?

What happens if you sell your home that's used as collateral for an SBA loan? Learn the steps to coordinate with your lender and explore your options to ensure a smooth sale and compliance with loan terms.

Finding the Perfect Small Business Lender

How do you find the perfect SBA lender for your small business? This guide discusses the complexities of the SBA lending landscape, the importance of matching your business needs with a lender's preferences, and how tools like the SBA Lender Finder can streamline your search for the right financing partner.

2 Ways to Buy a Business with 100% Seller Financing

Can you secure 100% seller financing when buying a business? This explanation explores the rare circumstances under which sellers might offer full financing

Should I Pay a Good Faith Deposit for an SBA Loan?

Why pay for a good faith deposit for your SBA loan? Understand the purpose, implications, and refund conditions of these deposits.

Should You Use an SBA Loan Broker?

Considering using an SBA loan broker? Find out when it's beneficial to enlist a broker's help to navigate the complexities of acquiring an SBA loan.

How to Not Pay Back an SBA Loan

What happens if you can't pay back your SBA loan? Explore your options and the potential consequences of default, such as personal asset recovery and credit impact.

What Happens to My SBA Loan if I Go Out of Business?

Learn what happens if your business fails with an SBA loan, including the implications of personal guarantees, asset recovery by lenders, and the impact on your personal finances.

Your Guide to the SBA Loan Application Process

Start your SBA loan application with confidence using ProjectionHub's comprehensive, free SBA Loan Application Checklist. Discover essential tips and resources from experienced professionals to streamline your loan process and enhance your approval chances.

8 Ways to Enhance Your Chances of Getting approved for an SBA Loan

Learn practical steps to increase your SBA loan approval odds. This guide offers 8 straightforward strategies from an experienced SBA loan officer.

5 Key Tips to Make Your Startup Business Plan Shine for an SBA Loan

Learn 5 key tips to make your startup business plan stand out and secure an SBA loan, from demonstrating market potential to creating realistic financial projections.