loan application – SBA Loan Advisor

Creating a Winning Business Plan for Your SBA Loan Application

Securing a Small Business Administration (SBA) loan can be transformative for your business, offering the capital needed to expand, innovate, or stabilize. However, the key to unlocking this potential is a well-crafted business plan. This plan not only demonstrates the viability of your business to lenders but also outlines your vision for future success. In […]

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How SBA Loans Support Business Recovery After Disasters

Uncategorized / Contrivex Team

In the wake of disasters—whether they be natural like hurricanes and earthquakes, or human-made such as cyber attacks or other catastrophes—small businesses often face monumental challenges to stay afloat. The U.S. Small Business Administration (SBA) offers critical support through its disaster loan programs, which are specifically designed to aid in the recovery and rebuilding efforts

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Mastering the Five P’s of SBA Loans: A Guide to Preparation, Perseverance, Patience, Partnership, and Payment

Uncategorized / Contrivex Team

Navigating the complexities of securing an SBA loan requires more than just a cursory understanding of the process. It demands a strategic approach encapsulated by the Five P’s: Preparation, Perseverance, Patience, Partnership, and Payment. Mastering these elements can significantly elevate your chances of not only securing the loan but also managing it effectively to foster

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Top SBA Lenders for 2024: Unveiling the Finest in Business Financing

Uncategorized / Contrivex Team

As you navigate the complex terrain of business financing in 2024, you’ll find that choosing the right SBA lender is crucial. Live Oak Bank has emerged as a leader with over $1.8 billion in loans, but Huntington National Bank and Newtek are not far behind, each with their unique strengths in loan processing and customer

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Understanding Broker Fees in SBA Loans

Uncategorized / Contrivex Team

When seeking financing through Small Business Administration (SBA) loans, many business owners turn to SBA loan brokers to navigate the often complex application process. Understanding how these brokers are compensated, including typical fee structures and the services covered by these fees, is crucial for borrowers to ensure transparency and to make informed financial decisions. How

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