If you are a small business owner seeking funding assistance from the Small Business Administration (SBA), you will want to read the article “Getting a Business Loan Without Putting Up Personal Collateral” to understand why the SBA may require lenders to secure all collateral available from principal borrowers, which could include your primary residence. Please visit the following link to this Bloomberg Businessweek article featuring commentary from Bank of Montana’s Senior Credit Officer Kim Shappee. To contact Kim or another knowledgeable Bank of Montana loan officer please call us at 406.829.2662.
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