BizSugar.com › Finance › A New Streamlined Process for SBA Loans

The Small Business Administration is responding to criticism that it has not been proactive in providing financing support to small businesses. With business lending to small companies still awaiting a rebound, owners have been turning to the SBA for help. Many business owners have expressed concern regarding the bureaucracy and turnaround times required for SBA-supported lending. These complaints have not fallen on deaf ears. The SBA recently announced the launch of two programs that promise to streamline the process for loans approvals.