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What Makes Up a Small Business Credit Report?
… ability to meet its contractual obligations based on payment history and public records. The data in a small … Public filings (liens, judgments, and UCC filings) Past payment history and collections Number of accounts reporting … annual sales and may include a financial statement. The payment history section shows a company’s payment history for … -
5 Ways to Enhance the Power of Your Business Credit Profile
… your company’s credit profile: Pay better than terms. The payment experiences other suppliers and companies have with … profile is not a true representation of all your company’s payment experiences. Check and monitor your profile regularly … strive to attain. Although it takes time to establish payment history and overall creditworthiness , let these five … -
Testimony of the U.S. Small Business Administration Inspector General, Peggy E. Gustafson, Before the Senate Ad Hoc Subcommittee on Disaster Recovery and Intergovernmental Affairs (March 17, 2011)
… as DOB, by either reducing the amount of the loan that a borrower can obtain by any duplicate benefits at the time of … -
Counseling and help
… conduct market research, assist small businesses with payment issues, and provides counseling. Contact a … also conduct market research, assist small businesses with payment issues, provide counseling on the contracting … -
Supplemental Information for Premier Certified Lender Program (PCLP) Processing
… 50 10 5(J), which became effective January 1, 2018. SBA form 2234 (Part B) OMB Number 3245-0346 The PCLP Certified Development Company (CDC) completes this form as part of the application package for Section 504 Loan … -
SBA Provides Holiday Closure Information for Disaster Loan Outreach Center in Warren County, New Jersey
… the date of the initial loan disbursement. There is no pre-payment penalty and borrowers can begin making loan payments … -
Report 9-06 – The Use of Proceeds from Gulf Coast Disaster Loans
… before distributing additional loan proceeds, we reviewed Borrower’s Progress Certification forms and other supporting … reviewed the expenditure of prior proceeds, we reviewed Borrower’s Progress Certifications and entries in SBA’s … -
Audit Report 09-12: Review of SBA's National Guaranty Purchase Center Furniture Contract
… SBA contract for moving services had received an advance payment for the purchase and installation of furniture that … also violated Federal regulations by advancing a $226,678 payment to the prime contractor prior to the delivery of the … misrepresented to the SBA how it would use the advance payment and failed to perform in accordance with the terms of … -
SBA Exhausts Funds for New Disaster Loans
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3 Ways to Get Working Capital for Your Business
… traditional business loans, which have a fixed monthly payment and repayment term, a revolving line of credit is … balance in full each month or make the minimum monthly payment. Before you apply for a business credit card be sure … -
Eric M. Thorson, Inspector General, U.S.Small Business Administration Before the Subcommittee on Government Management, Finance, Accountability of the Commitee on Government Reform, United States House of Representatives, May 10, 2006
… for physical damage are generally not disbursed until the borrower can show that the necessary building permits have … of contractor invoices for completed work by the borrower. The shortage of available contractors and any delay … amount of a disaster home loan be reduced by any insurance payment, grant or other compensation. We are coordinating … -
Take Advantage Now of Expiring Provisions
… falls within a targeted group, an employer must submit IRS Form 8850 to the state workforce agency within 28 days of the … day of employment. (Most but not all states permit the form to be filed electronically.) The employee must sign the form. If the employer fails to timely submit the form, no … -
SBA Launches Enhanced Lender Match Platform
… all of their matched lenders in one place, allowing the borrower to find and compare lenders to help them decide … -
Report 10-11 - Irregularities Involving Alaska Native Technologies, LLC, 4/29/10
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How to Avoid Tax-Related Identity Theft
… (SSN). The IRS rejects an extension to file request (Form 7004 for entities; Form 4868 for Schedule C or F filers) saying it already has a … of my message, Authorized can you handle domestic transfer payment now?” Steps for safeguarding tax information … -
MN 14997 - Apply for SBA Disaster Assistance Before the January 30 Physical Damage Application Deadline
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SBA is Closing Six Business Recovery Centers in Puerto Rico on Dec. 21
… further financial hardship,” said Guzman. There is no pre-payment penalty and borrowers can begin making loan payments … -
Women's Business Centers
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Office of Investment and Innovation