SBA Expands Eligibility for 7(a) Loans

The SBA is expanding eligibility for its 7(a) loan programs. This means more small businesses will be eligible for U.S. Small Business Administration-backed loans, resulting in greater access to much-needed capital in this tough economy. SBA’s alternate size standard for its 7(a) loan program will go into effect early next week through Sept. 30, 2010. Learn more about the changes HERE.