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How to Apply for an SBA Loan

CreditStrong for Business

In other words, you can’t get an SBA loan from just any bank or credit union. SBA Express Loans : You can get a term loan or a line of credit of up to $350,000. If it’s a line of credit, you’ll get up to seven years. Options may include personal loans, business credit cards, and online business loans.

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How to Use an SBA Loan to Buy a Business

CreditStrong for Business

In addition to your business credit scores and personal credit scores, lenders will also consider whether you have a down payment (10% minimum is common) and collateral, how long you’ve been in business, what your revenues and expenses look like, and more. If you believe you qualify, move on to the next step.

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A Retiree’s Guide to Digital Finance: Terms, Tools and Tips

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For retirees, digital finance means greater convenience and efficiency in retirement planning, banking, credit card and loan payments, day-to-day budgeting, and investing. Online banking and fintech apps often eliminate the need for a physical debit card or credit card by providing digital versions of such cards.