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SBA makes 7(a) and 504 loans

SBA makes 7(a) and 504 loans

The U.S. Small Business Administration approved more than $60.8 million in 7(a) small business loans to El Paso County businesses in the fiscal year ending Sept. 30. Of those, Wells Fargo was the largest lender at $14.3 million to 32 businesses. Next was Central Bank & Trust, with 16 loans made to the tune of… Continue Reading SBA makes 7(a) and 504 loans

Colorado veterans are seeking and qualifying for U.S. Small Business Administration loans. In fiscal year 2012, ending Sept. 30, the Colorado District Office reported 68 loans to veterans for $26.4 million and 47 loans to disabled veterans for $23.8 million. In fiscal year 2011, there were 72 loans to veterans valued at $29 million and… Continue Reading Colorado veterans recieving millions in small business loans

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During the past two years, the SBA has been working directly with the private and public sector lending community to prepare loan products that are more responsive to the needs of small business. In particular, we exchange ideas with banks, credit unions, certified development companies, chambers and various lender associations, resulting in products that simplify… Continue Reading Small Business Administration simplifies loan process

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Wells Fargo provided more SBA loans dollars to small businesses in Colorado than any other provider, according to information from the banking giant. In the first two quarters of 2012, Wells Fargo made 117 loans totaling nearly $35.8 million. “It’s a position we’ve held for a number of years,” said Cristie Drumm, Wells Fargo spokeswoman.… Continue Reading Wells Fargo approves $35 million in SBA loans in first two quarters

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Colorado businesses export about $8 billion of manufactured and agricultural products annually, and there are numerous resources and loans for business owners interested in – literally – expanding their horizons. Small business owners considering exporting can find a wealth of foreign market research – by country and sector – on the Internet. Locally, the Office… Continue Reading Options abound for companies seeking financing for exports

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