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SBA's $10M Loan Limit, the Fed's Fourth Hold, and Stuck Optimism
The SBA just doubled its cumulative loan limit to $10 million by letting you combine 7(a) and 504 financing, the biggest ceiling in the agency's history. Alex breaks down what that means for capital-hungry businesses, why the Fed's fourth straight rate hold keeps prime at 6.75%, and where SBA rates stand now. Plus: small business optimism is stuck below average ahead of tomorrow's fresh NFIB reading. Three stories, five minutes, done.
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By MainStreet MediaThe SBA just doubled its cumulative loan limit to $10 million by letting you combine 7(a) and 504 financing, the biggest ceiling in the agency's history. Alex breaks down what that means for capital-hungry businesses, why the Fed's fourth straight rate hold keeps prime at 6.75%, and where SBA rates stand now. Plus: small business optimism is stuck below average ahead of tomorrow's fresh NFIB reading. Three stories, five minutes, done.