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Rapid Finance is a technology-powered financial services company that provides working capital to small and mid-sized businesses in the United States.As a sister company of Rocket Mortgage, it offers small and medium business loan programs for business owners in a variety of industries and categories.
The Small Business Administration is offering assistance to those affected by the bridge collapse in Maryland. Small businesses in the Mid-Atlantic region will be eligible for low-interest, long ...
A federal program offering loans to small businesses hurt by the collapse of Baltimore’s Francis Scott Key Bridge has received 500 applications, officials said. The funds, which could start ...
Type of SBA loan. Description. 7(a) loan. Most popular SBA loan, used for general purposes, including working capital, equipment and real estate. 504 loan
SBA loan statistics. According to the SBA, at the end of 2023 fiscal year:. $27.5 billion in SBA 7(a) loans was approved. Almost 70 percent of 7(a) loans were for amounts under $350,000
In FY 2010, DBED provided financial assistance to 134 Maryland projects across the state, which has leveraged $780 million in capital investment and helped create 4,976 new jobs while retaining 3,161 jobs for Maryland residents. Maryland’s Small Business Development Centers helped connect small businesses with 274 loans with a value of $37 ...
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