Tuesday, November 03, 2015
What SBA's record year for loans means for small business
The Small Business Administration backed a record $23.6 billion in loans to small businesses through its flagship 7(a) program in fiscal 2015, which ended Sept. 30.
That’s up 23 percent from year ago. Demand for 7(a) loans continued to grow in October — through Oct 23, SBA lending this year was ahead of last year’s record-setting pace.
Kent Hoover/Dallas Business Journal