Financing A Craft Brewery Through SBA

SBA or Small Business Administration is an independent agency of the US government that helps in protecting the interests of the small business organizations by assisting them in securing loans, forming business plan, business counseling so that they can thrive among competition which in the long run is beneficial to the economy of the country. Although in its bureaucratic past this wasn’t always the case, today the SBA is a preferred lender when small privately owned businesses decide to either sell their business or want to borrow additional capital to expand their business. Namely, there is no change to the submission process to get a SBA guarantee loan number.

Having full in-house and final decision capabilities allows PLP lenders to offer borrowers the fastest processing times. Banks provide small business start-up loans under the guarantee of the SBA, which means that the banks have the security to have the credits … Read More...