Is an SBA loan right for your business?
By October 25, 2021 Business loans
Loans from the U.S. Small Business Administration can provide a portion of the capital you need to kickstart your business and help it succeed. This guide will help you understand when to access SBA loans, from what they are to which small businesses qualify. Plumas Bank is proud to have Preferred Lender status with the U.S Small …
Today’s SBA loans can spur years of growth
By November 2, 2020 Business loans
If I’ve learned one thing in my nearly three decades in banking, it’s this: People like money that’s almost free. A lot. So it’s not surprising that lenders who are skilled in Small Business Administration lending are exceptionally busy right now, working with borrowers who are hurrying to take advantage of the lowest SBA borrowing …
Borrow inexpensive money? Expect hard questions, too.
By 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 …