If you are in need of an SBA disaster loan larger than $20,000-25,000, it is likely that the lender will insist on some form of collateral to complete the loan process. Collateral is any property or asset of value that a lender can use to balance the weight of a loan if there ...
The SBA also provides special assistance programs in times of economic hardship or in declared disaster areas. Specific COVID-19 relief options are available in the form of a COVID-19 Economic Injury Disaster Loan (COVID-19 EIDL). These SBA disaster assistance programs can preserve jobs and he...