The SBA said Oct. 29 it supported more than $29 billion in lending to small businesses this fiscal year, making 2013 the third highest in lending activity in the agency's history.
Losses like the $3 million case involving the SBA and Alabama One can be avoided, experts say.
Self-help course for small businesses offered through agency website.
Agency said supported more than $29 billion in lending in fiscal year ended Sept. 30
Biz2Credit, a New York company that connects small business with lenders, discovered that scenario during its recent monthly analysis of 1,000 loan applications.
Technology Credit Union expands SBA program with goal of helping more members grow their businesses in Silicon Valley and greater Bay Area.
The $2.5 billion Northwest Federal Credit Union in Herndon, Va., is among the latest to receive approval to become an SBA lender.
Thirteen counties in three states affected by drought this year included in SBA eligibility.
Michigan credit union adds to commercial lending services it launched in April.
As the one-year anniversary of Hurricane Sandy approaches, the SBA said it will continue to provide funding to small businesses affected by the storm.