Benetrends Blog

The Small Loan Advantage Program

[fa icon="calendar'] Jan 12, 2014 12:00:00 AM / by Benetrends posted in sba loans, General, SBA 7(a) loans, Small Business Owners, Small Loan Advantage, Benetrends, SBA Specialists, U.S. Small Business Administration

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 The SLA program is a delivery vehicle for SBA guaranteed term loans. In June 2012, the SBA revised portions of the SLA program making the application process even easier, expanding the number of qualified lenders and increasing the loan cap from $250,000 to $350,000. Pre-screening tools and streamlined documentation enable lenders to offer faster and more cost-effective SBA 7(a) loans to business borrowers.

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