News & Insights

Local community banks play a vital role in the economic and social fabric of communities. Community banks focus on serving the needs of their local communities. They provide essential financial services to individuals, small businesses, and local organizations. By offering loans, mortgages, and credit facilities, community banks help stimulate economic growth, create jobs, and support local entrepreneurship.

Read the rest of entry »

Working capital loans are a type of financing that can be useful for dental practices to manage their day-to-day expenses, such as rent, payroll, supplies, and other operational costs.

Read the rest of entry »

The SBA has unveiled its newly finalized plan to streamline eligibility determination for SBA-backed loans while also implementing a new fraud review on all loans. By bringing eligibility determination in-house through new technology, the SBA will reduce the burden on SBA lenders and streamline operations, which will free up more lenders to focus on their customers and expand their capacity to increase lending.

Read the rest of entry »

There's an enhanced interest in SBA-government loans because even though interest rates may be higher, you can amortize it over a longer period, which makes it more affordable because the monthly costs can go down. It's an attractive feature that provides a little more flexibility in underwriting and approving loans because the SBA program is specifically designed to help small businesses. We're a big SBA lender and we're seeing more interest in those types of loans.

Read the rest of entry »