Listen to this article
Key Highlights
SBA loans provide affordable financing for Idaho small businesses
Nearly 90% of SBA loans are issued through banks
Zions Bank streamlines SBA loan applications under $150K
Local companies expand operations with SBA-backed funding
It’s well known that small businesses are the backbone of Idaho’s economy, creating jobs and anchoring communities from Boise to Bear Lake. We have a diverse range of small businesses, but they often face a common challenge: Acquiring capital they need to grow. Because of pressures from inflation and rising costs, access to affordable financing is mission critical.
That’s why financing from the U.S. Small Business Administration (SBA) is more relevant than ever for small business owners. During a time of economic