Government agencies, banks and consumer advocacy groups have been trying to find ways to clamp down on the predatory nature and proliferation of payday and title loan businesses. However, hiding in the shadows is another growing industry that is taking advantage of...
Banks, savings and loan institutions, credit unions and other lenders work with the SBA to provide small businesses with loans structured under 7(a) guideline. Lenders are active participants in the loan application process since they are the first stop for potential...
The Equipment Leasing & Finance Foundation (the Foundation) releases the January 2017 Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI). Designed to collect leadership data, the index reports a qualitative assessment of both the prevailing...
It is well-known that business hates uncertainty, and there are few things that have created more uncertainty than the prospect of a Donald Trump presidency. On January 20, we will see President-elect Donald Trump officially take office. Although there have been some...
Since the 1950s, the SBA has had two primary business loan programs, the 7(a) and the 504 loan program. However, at the most recent National Association of Government Guaranteed Lenders (NAGGL) conference, the SBA announced that effective November 1, 2016, the names...
