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SBA amends rule making it easier for small businesses to refinance debt to lower interest rate.
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New SBA Financing Rule in Effect

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The US Small Business Administration has amended its Direct Final Rule to make it easier for small businesses with outstanding SBA loans to refinance to lower interest loans given the Fed’s half-point interest rate cut earlier this year and subsequent quarter point rate cut in November. The new rule amends existing regulations on the SBA’s […]

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Unsecured business line of credit
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What is an Unsecured Business Line of Credit?

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Running a business requires access to capital to manage cash flow, cover unexpected expenses, or facilitate growth and expansion. An unsecured business line of credit is a form of financing that can help businesses operate and grow. A line of credit provides businesses flexible access to funds, allowing them to borrow as needed up to […]

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