SBA Loan Cap Could Rise to $10 Million for Some
/There’s a compelling proposal circulating in Washington that would raise the SBA’s maximum loan limits from $5 million to $10 million
Read MoreThere’s a compelling proposal circulating in Washington that would raise the SBA’s maximum loan limits from $5 million to $10 million
Read MoreFor lenders, investors, and even seasoned operators, financial forecasts aren’t just numbers on a page.
Read MoreFor lenders, investors, and even seasoned operators, financial forecasts aren’t just numbers on a page…
Read MoreWith loan volumes rising, oversight tightening, and new initiatives aimed at revitalizing American industry, the agency is pushing toward a clearer, more focused version…
Read MoreThe SBA’s decision to pull the plug on USAID’s contracting authority wasn’t made in a vacuum. It followed…
Read MoreAccording to the National Small Business Association, 59% of small business owners cite "economic uncertainty" as the single greatest threat to their growth. That’s more than inflation, tariffs, labor shortages, or regulatory burdens.
Read MoreThese USDA programs have historically supported rural businesses with capital tools specifically designed for smaller, community-rooted ventures. Shifting them to the SBA would consolidate…
Read Morein the world of SBA lending, where deals are layered with emotion, risk, and real human pressure. This formula falls short.
Read MoreAfter several years of looser policies aimed at pandemic-era recovery, the SBA’s 7(a) loan program is heading back to fundamentals.
Read MoreFor the first time, the agency has announced plans to build an official broker directory, logging the names of anyone who assists in packaging, placing, or referring SBA 7(a) loans.
Read MoreThe SBA created the Preferred Lender Program to streamline the loan process for borrowers and empower experienced lenders to approve SBA-backed loans more efficiently.
Read MoreAs small business formation surges and capital demand increases, the system is evolving.
Read MoreThese updates signal a stricter and more conservative lending environment, with the SBA focused on reducing risk and increasing transparency.
Read MoreThe SBA is reinstating the Franchise Directory, which had been phased out in 2023. Starting August 1, 2025, franchise brands must be listed in the directory for their franchisees to qualify for SBA loans…
Read MoreIf you’re a business owner in an underserved area who was considering a CA loan—or working with a lender that recently joined the program—you may find fewer options going forward.
Read MoreThe SBA's recently announced rule changes—set to take effect June 1, 2025—are already creating ripple effects across the business acquisition market.
Read MoreIn just three months, the Small Business Administration has greenlit over 26,000 loans totaling $12.6 billion—a staggering 80% increase in approvals compared to the same period under the previous administration. That figure isn’t just a win for…
Read MoreFor small manufacturers across the country, this signals a renewed focus on domestic industry, access to capital, and a reenergized vision of American-made growth.
Read MoreFor small business owners seeking access to SBA financing in 2025 and beyond, these changes signal a return to a more rigorous, documentation-heavy lending environment…
Read MoreWith tariffs rising and economic uncertainty creeping back into supply chains, small businesses are once again being asked to do more with less.
Read MorePrior Business Consulting provides business plans, consulting, business coaching and financial analysis to small businesses.
Headquartered in Jacksonville on Florida's First Coast, Rapid Business Plans is a team of 38 credentialed entrepreneurial experts dedicated to your success!
Partners in life and business
Since 2015, Rapid clients have applied for over $2 billion in funding! Our family business is here to assist your family business.
—Ross and Bethany McClellan
2024 © Prior Business Consulting, LLC dba Rapid Business Plans | Privacy Policy | Site by John Darabos
Accessibility Policy Prior Business Consulting, LLC dba Rapid Business Plans is committed to keeping our site accessible to everyone. We welcome feedback on ways to improve this site’s accessibility.