The Business Journals

Shutdown means big changes at the SBA. Here’s what businesses need to know.

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Experts say small-business ...
Hosted on MSN

New study finds SBA loan denials hit minority businesses hardest

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Forbes

The Government Shutdown Puts Small Business Lending On Ice

The shutdown halts SBA lending, stalling new loans and reviews. Short delays are manageable, but a 30-day freeze could lead to deals falling apart.
Reuters

India central bank tweaks rules for small business loans, loans against gold

MUMBAI, Sept 30 (Reuters) - The Reserve Bank of India (RBI) tweaked rules for small business loans, allowing the spread charged for the credit risk of a borrower to be adjusted more frequently. It ...
The Business Journals

St. Pete bank sells SBA loans in $103 million deal

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min BayFirst, once a top SBA lender ...
American Banker

Florida bank to quit SBA, sell portfolio to in-state rival

Key insight: Investors embraced BayFirst Financial's decision to walk away from SBA lending, with the company's stock price rising sharply Monday. Expert quote: Banesco USA "gains the infrastructure, ...
WIVB-TV

BayFirst Financial Corp. Announces Exit from SBA 7(a) Business and $103 Million Loan Sale

ST. PETERSBURG, Fla., Sept. 29, 2025 (GLOBE NEWSWIRE) -- BayFirst Financial Corp. (NASDAQ: BAFN) (“BayFirst” or the “Company”), parent company of BayFirst National Bank (the “Bank”) today announced ...
Business Observer

St. Pete bank to sell $103M in small business loans to Miami company

BayFirst Financial Corp., the St. Petersburg-based parent company of BayFirst National Bank, announced Monday it plans to sell an estimated $103 million in SBA 7(a) loan balances to Banesco USA. The ...
news.bloomberglaw

Covid Loans That Boosted Businesses Now Push Them to Bankruptcy

Small companies unable to pay back pandemic-era emergency loans issued by the federal government are steadily going under or filing for bankruptcy. And, in many cases, the business owners who ...
Yahoo

SBA offers low-interest loans for drought-related losses

Small businesses and private nonprofits are now eligible for federal, low-interest disaster loans for economic damages that the statewide drought has caused in New Hampshire since Sept. 9. SBA offers ...
NerdWallet

What a Government Shutdown Means for SBA Loans

Processing and approvals for most SBA loans will stop during a government shutdown. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you ...