$3,900,000 – SBA 7a Working Capital Loan
A group of business owners created an algorithm in their insurance business that dramatically increased sales while lowering costs. They wanted to take this algorithm and develop it into an app for purchase. Without real estate as collateral, any normal bank wouldn’t approve a loan – SBA or otherwise (this is typically more attractive situation… Continue reading $3,900,000 – SBA 7a Working Capital Loan