Business Loans Articles

Borrow inexpensive money? Expect hard questions, too.

By Ty Nebe - Plumas Bank SVP Commercial Loan Officer September 28, 2020 Business loans

As of August of 2020, businesses could borrow money through a popular Small Business Administration loan program for a lower interest rate than their owners would have paid for a 30-year mortgage on their personal home — an absolutely stunning turn of events. Before business owners rush out to load up on borrowed money, they need to …