{"id":112,"date":"2014-04-10T12:31:48","date_gmt":"2014-04-10T12:31:48","guid":{"rendered":"\/blog\/?p=112"},"modified":"2014-05-09T16:48:45","modified_gmt":"2014-05-09T16:48:45","slug":"sba-lifts-restriction","status":"publish","type":"post","link":"https:\/\/www.44businesscapital.com\/blog\/2014\/04\/sba-lifts-restriction\/","title":{"rendered":"SBA Lifts Restriction"},"content":{"rendered":"<p>Recently, the US Small Business Administration issued a Policy Notice lifting a long instituted restriction on the personal liquidity of sponsors\/guarantors on SBA loans.\u00a0 You can find the policy notice <a href=\"http:\/\/www.naggl.org\/AM\/Template.cfm?Section=Middle_Column&amp;Template=\/CM\/ContentDisplay.cfm&amp;ContentID=21524\" target=\"_blank\">here<\/a>.\u00a0 The principals of 44 Business Capital were pleased to hear this great news.\u00a0 Since the SBA had raised it<a href=\"\/blog\/wp-content\/uploads\/2014\/04\/bag-of-cash.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-113\" alt=\"bag of cash\" src=\"\/blog\/wp-content\/uploads\/2014\/04\/bag-of-cash.jpg\" width=\"240\" height=\"144\" \/><\/a>s loan limit to $5MM, we have often seen loan requests where a principal exceeded the personal liquidity test but their company was struggling due to some externality.\u00a0 Despite the strength of the guarantor, banks could not do the loan because government regulations would require the bank to classify the loan day one, especially if the business was struggling.\u00a0 The lifting of this requirement allows struggling businesses with strong personal guarantors to get the financing they need when they\u00a0don&#8217;t qualify\u00a0for conventional financing in the new world order of banking.<\/p>\n<p>In our estimation, the SBA program is not a &#8220;hand out&#8221; but a &#8220;hand up&#8221; which many of our small businesses need after emerging from the Great Recession.\u00a0 44 Business Capital continues to work with small businesses throughout the markets we serve and looks forward to help even more with the removal of the &#8220;Personal Liquidity Test&#8221;.\u00a0 So go to where the banks go when they can&#8217;t do the deal, 44 Business Capital.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Recently, the US Small Business Administration issued a Policy Notice lifting a long instituted restriction on the personal liquidity of sponsors\/guarantors on SBA loans.\u00a0 You can find the policy notice here.\u00a0 The principals of 44 Business Capital were pleased to &hellip; <a href=\"https:\/\/www.44businesscapital.com\/blog\/2014\/04\/sba-lifts-restriction\/\">Read More <span class=\"meta-nav\">&raquo;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-112","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SBA Lifts Restriction  - 44 Business Capital Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.44businesscapital.com\/blog\/2014\/04\/sba-lifts-restriction\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SBA Lifts Restriction  - 44 Business Capital Blog\" \/>\n<meta property=\"og:description\" content=\"Recently, the US Small Business Administration issued a Policy Notice lifting a long instituted restriction on the personal liquidity of sponsors\/guarantors on SBA loans.\u00a0 You can find the policy notice here.\u00a0 The principals of 44 Business Capital were pleased to &hellip; Read More &raquo;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.44businesscapital.com\/blog\/2014\/04\/sba-lifts-restriction\/\" \/>\n<meta property=\"og:site_name\" content=\"44 Business Capital Blog\" \/>\n<meta property=\"article:published_time\" content=\"2014-04-10T12:31:48+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2014-05-09T16:48:45+00:00\" \/>\n<meta name=\"author\" content=\"Greg Poehlmann\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Greg Poehlmann\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.44businesscapital.com\/blog\/2014\/04\/sba-lifts-restriction\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.44businesscapital.com\/blog\/2014\/04\/sba-lifts-restriction\/\"},\"author\":{\"name\":\"Greg Poehlmann\",\"@id\":\"https:\/\/www.44businesscapital.com\/blog\/#\/schema\/person\/f31b9e7d419b987333a51f98c638f730\"},\"headline\":\"SBA Lifts Restriction\",\"datePublished\":\"2014-04-10T12:31:48+00:00\",\"dateModified\":\"2014-05-09T16:48:45+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.44businesscapital.com\/blog\/2014\/04\/sba-lifts-restriction\/\"},\"wordCount\":217,\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.44businesscapital.com\/blog\/2014\/04\/sba-lifts-restriction\/\",\"url\":\"https:\/\/www.44businesscapital.com\/blog\/2014\/04\/sba-lifts-restriction\/\",\"name\":\"SBA Lifts Restriction - 44 Business Capital Blog\",\"isPartOf\":{\"@id\":\"https:\/\/www.44businesscapital.com\/blog\/#website\"},\"datePublished\":\"2014-04-10T12:31:48+00:00\",\"dateModified\":\"2014-05-09T16:48:45+00:00\",\"author\":{\"@id\":\"https:\/\/www.44businesscapital.com\/blog\/#\/schema\/person\/f31b9e7d419b987333a51f98c638f730\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.44businesscapital.com\/blog\/2014\/04\/sba-lifts-restriction\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.44businesscapital.com\/blog\/2014\/04\/sba-lifts-restriction\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.44businesscapital.com\/blog\/2014\/04\/sba-lifts-restriction\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.44businesscapital.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"SBA Lifts Restriction\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.44businesscapital.com\/blog\/#website\",\"url\":\"https:\/\/www.44businesscapital.com\/blog\/\",\"name\":\"44 Business Capital Blog\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.44businesscapital.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.44businesscapital.com\/blog\/#\/schema\/person\/f31b9e7d419b987333a51f98c638f730\",\"name\":\"Greg Poehlmann\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.44businesscapital.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/e657929b802fb7fa7da43d05831d8e4a2f4a1e0cea7ae111dc929e91618d9be4?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/e657929b802fb7fa7da43d05831d8e4a2f4a1e0cea7ae111dc929e91618d9be4?s=96&d=mm&r=g\",\"caption\":\"Greg Poehlmann\"},\"url\":\"https:\/\/www.44businesscapital.com\/blog\/author\/admin\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"SBA Lifts Restriction  - 44 Business Capital Blog","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.44businesscapital.com\/blog\/2014\/04\/sba-lifts-restriction\/","og_locale":"en_US","og_type":"article","og_title":"SBA Lifts Restriction  - 44 Business Capital Blog","og_description":"Recently, the US Small Business Administration issued a Policy Notice lifting a long instituted restriction on the personal liquidity of sponsors\/guarantors on SBA loans.\u00a0 You can find the policy notice here.\u00a0 The principals of 44 Business Capital were pleased to &hellip; Read More &raquo;","og_url":"https:\/\/www.44businesscapital.com\/blog\/2014\/04\/sba-lifts-restriction\/","og_site_name":"44 Business Capital Blog","article_published_time":"2014-04-10T12:31:48+00:00","article_modified_time":"2014-05-09T16:48:45+00:00","author":"Greg Poehlmann","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Greg Poehlmann","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.44businesscapital.com\/blog\/2014\/04\/sba-lifts-restriction\/#article","isPartOf":{"@id":"https:\/\/www.44businesscapital.com\/blog\/2014\/04\/sba-lifts-restriction\/"},"author":{"name":"Greg Poehlmann","@id":"https:\/\/www.44businesscapital.com\/blog\/#\/schema\/person\/f31b9e7d419b987333a51f98c638f730"},"headline":"SBA Lifts Restriction","datePublished":"2014-04-10T12:31:48+00:00","dateModified":"2014-05-09T16:48:45+00:00","mainEntityOfPage":{"@id":"https:\/\/www.44businesscapital.com\/blog\/2014\/04\/sba-lifts-restriction\/"},"wordCount":217,"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.44businesscapital.com\/blog\/2014\/04\/sba-lifts-restriction\/","url":"https:\/\/www.44businesscapital.com\/blog\/2014\/04\/sba-lifts-restriction\/","name":"SBA Lifts Restriction - 44 Business Capital Blog","isPartOf":{"@id":"https:\/\/www.44businesscapital.com\/blog\/#website"},"datePublished":"2014-04-10T12:31:48+00:00","dateModified":"2014-05-09T16:48:45+00:00","author":{"@id":"https:\/\/www.44businesscapital.com\/blog\/#\/schema\/person\/f31b9e7d419b987333a51f98c638f730"},"breadcrumb":{"@id":"https:\/\/www.44businesscapital.com\/blog\/2014\/04\/sba-lifts-restriction\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.44businesscapital.com\/blog\/2014\/04\/sba-lifts-restriction\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.44businesscapital.com\/blog\/2014\/04\/sba-lifts-restriction\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.44businesscapital.com\/blog\/"},{"@type":"ListItem","position":2,"name":"SBA Lifts Restriction"}]},{"@type":"WebSite","@id":"https:\/\/www.44businesscapital.com\/blog\/#website","url":"https:\/\/www.44businesscapital.com\/blog\/","name":"44 Business Capital Blog","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.44businesscapital.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.44businesscapital.com\/blog\/#\/schema\/person\/f31b9e7d419b987333a51f98c638f730","name":"Greg Poehlmann","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.44businesscapital.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/e657929b802fb7fa7da43d05831d8e4a2f4a1e0cea7ae111dc929e91618d9be4?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/e657929b802fb7fa7da43d05831d8e4a2f4a1e0cea7ae111dc929e91618d9be4?s=96&d=mm&r=g","caption":"Greg Poehlmann"},"url":"https:\/\/www.44businesscapital.com\/blog\/author\/admin\/"}]}},"_links":{"self":[{"href":"https:\/\/www.44businesscapital.com\/blog\/wp-json\/wp\/v2\/posts\/112","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.44businesscapital.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.44businesscapital.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.44businesscapital.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.44businesscapital.com\/blog\/wp-json\/wp\/v2\/comments?post=112"}],"version-history":[{"count":1,"href":"https:\/\/www.44businesscapital.com\/blog\/wp-json\/wp\/v2\/posts\/112\/revisions"}],"predecessor-version":[{"id":114,"href":"https:\/\/www.44businesscapital.com\/blog\/wp-json\/wp\/v2\/posts\/112\/revisions\/114"}],"wp:attachment":[{"href":"https:\/\/www.44businesscapital.com\/blog\/wp-json\/wp\/v2\/media?parent=112"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.44businesscapital.com\/blog\/wp-json\/wp\/v2\/categories?post=112"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.44businesscapital.com\/blog\/wp-json\/wp\/v2\/tags?post=112"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}