The Small Business Credit Initiative offers small businesses three innovative small business loans programs designed to help them grow and expand statewide.
From a playbook guide for new businesses to support services to fuel expansion, Washington's small business services are broad, deep and free.
Loan terms ; COMPETITIVE INTEREST RATES. Borrow up to $250,000 Rates at 1-4% above WSJ Prime rate — as of July 27, 2023, rates range from 9.5-12.5% depending on the length of the loan Fixed interest rate for the life of the loan 36- to 72-month loan terms No prepayment penalties ; APPLYING IS SIMPLE. Eligible businesses must have: Fewer than 50 employees Annual revenues of less than $5 million Been in business for at least one year prior to time of application ; Loan use is flexible. Payroll Utilities & rent Marketing & advertising Building i ...
Partners of the Small Business Resiliency Network (SBRN) provide culturally and... an emphasis on those owned by historically marginalized and underserved persons – throughout Washington.
A top House Republican said the Small Business Administration failed to protect coronavirus loan programs after a report says that the agency issued over $200 billion in potentially fraudulent loans.
Getting approved for small business financing can be challenging for Washington entrepreneurs and merchants with poor personal credit scores below 650. While traditional banks typically require pri...
The Small Business Administration (SBA) announced that as of April 16, 1.66 million loans had been approved through the Paycheck Protection Program (PPP) put in place by the CARES Act....
government-backed small-business loans that can be forgiven... leave Washington until mid-April. The biggest hurdle in... for small businesses, especially those still managing state and...
A business loan can help you start or expand your small business or cover costs. Read this guide to see U.S. News' picks for the best loans for small businesses.
Washington State offers businesses several avenues to secure financing, especially for properties that need to be cleaned up before they are repurposed.