SBA 7(a) loan: What it is and how to apply
SBA 7(a) loans are the most popular loans the SBA offers. Here’s how to qualify and apply for them.
5 min read
Aug 05, 2025
Mandy Sleight
Contributor, Personal Finance
Mandy Sleight is a professional freelance writer and licensed insurance agent. She has her property, casualty, life and health licenses and has been working in the industry since 2005. Mandy has worked for well-known insurance companies like State Farm and Nationwide Insurance, and most recently as the Operations Coordinator for a start-up employee benefits company.
Mandy earned her bachelor of science degree in business administration and management from the University of Baltimore and her MBA from Southern New Hampshire University. She uses her vast knowledge of the insurance industry and personal finance combined with her writing background to create easy-to-understand and engaging content to help readers make smarter choices with their budget and finances.
Find Mandy Sleight beyond Bankrate
- MoneyGeek
- The Insurance Bulletin
- Life Happens
- U.S. News
Mandy's latest articles
-
-
What is a short-term business loan and how does it work?
Short-term business loans are business loans with shorter repayment periods that can help bridge cash flow issues.
6 min read Aug 04, 2025 -
Types of business lines of credit
Business lines of credit let you use available credit recurringly, and they come in two forms.
6 min read Jul 28, 2025 -
Pros and cons of a business line of credit
Here’s a look at the advantages and disadvantages of a business line of credit.
7 min read Jul 11, 2025 -
Filing a home insurance claim
Stressed about filing a home insurance claim? Here’s everything you need to know.
14 min read Jul 11, 2025 -
Gross income: Definition, why it matters and how to calculate it
Gross income is your total pay, before deductions or taxes are taken out. It plays a big role in some key personal finance calculations.
4 min read Jun 17, 2025 -
What are current semi-truck financing interest rates?
See the average interest rates for semi-truck financing, broken down by different loans and lenders.
5 min read Jun 17, 2025 -
What is debt financing and is it right for your business?
Debt financing is a popular way to fund small businesses, but it might not be the right option for every business.
5 min read Jun 17, 2025