NEWITY Now Helps Small Businesses to Access Larger SBA 7(a) Loans with Fewer Requirements
New SBA rules allow lenders to approve larger loan amounts with fewer qualifications.
New SBA rules allow lenders to approve larger loan amounts with fewer qualifications.
Unlike those in years past, this shutdown could have a far more severe impact on business owners applying for SBA loans.
The Small Business Administration has made a number of changes to streamline its 7(a) loan program — and bankers say it’s made the loan process faster, while also creating a few new headaches.
With banks under financial pressure, a government-backed loan is the only affordable route for many owners.
The Small Business Administration is cutting some red tape–along with other changes–for some of its most popular loan offerings.
Allowing small businesses to refinance high interest debt and secure additional working capital.
A simple, cost-effective way for small businesses to receive their Employee Retention Credit (ERC) refund in a matter of days.
Many ERC processors emerged in 2022 after new legislation widened the program’s eligibility criteria. However, not all ERC processing companies are equal. Here are four red flags for ERC processing companies that you should never ignore.
LendVer, the reputable database of vetted business lenders and service providers has finalized its review process for the 2023 Best Employee Retention Credit (ERC) company, and has selected Chicago, IL based NEWITY.
With a new outlook and hopes on the horizon for a better economic future despite the reported gloom and doom, 2023 is shaping up to be an engaging year as numerous small businesses are bracing for economic uncertainty with a looming recession and inflation – yet they are now more equipped than ever.
NEWITY LLC and its affiliates are not lenders participating in SBA’s 7(a) loan program. NEWITY LLC is a lender service provider for Northeast Bank, a lender participant in SBA’s 7(a) loan program. SBA 7(a) loans are ultimately processed and approved by a lender participant in SBA’s 7(a) loan program.
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