Skip to Content
Small Business

SBA Budget Proposal Good for Lenders, Small Biz and Taxpayers

U.S. Small Business Administration lenders and small businesses should be happy with the SBA’s budget proposal for 2014, Washington Bureau Chief Kent Hoover recently reported.

Under SBA’s budget proposal for next year, the agency is asking for fees to be reduced for banks that make 7(a) loans and fees to be waived for lenders and borrowers on loans of less than $150,000.

With not enough small-dollar loans available to small businesses, eliminating fees on the loans will make them more attractive, Hoover reported.

Read more at Birmingham Business

Small Business

May 13 Deadline Approaching in Alabama for SBA Working Capital Loans

Stay connected to what's happening in Alabama now.

  • Enter your email address to receive periodic updates on the evolution of business in Alabama.

Ready to start your company's next chapter in Alabama?

Alabama may be small in size, but its ability to accommodate businesses seeking success is vast. See why companies like Mercedes, Airbus, Hyundai, and Honda have decided to call Alabama home.

Find A Site Learn More About Alabama