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  2. How to get an SBA startup loan - AOL

    www.aol.com/finance/sba-startup-loan-194343235.html

    Bankrate insight. In the 2023 fiscal year, the SBA approved 57,362 7(a) loans. Of those approved loans, 10,194 or 18.9 percent were used to open new businesses, according to the SBA weekly lending ...

  3. How to get a startup business loan: 5 steps - AOL

    www.aol.com/finance/startup-business-loan-5...

    SBA loans are friendly to startup businesses. As of March 2024, 16.1 percent of SBA 7(a) loans were given to startups just opening their doors in FY2024. The amount funded totaled $2.36 billion.

  4. Types of startup business loans - AOL

    www.aol.com/finance/types-startup-business-loans...

    A viable loan option is a startup loan, which is available through various types of lenders, including the SBA, banks and online lenders. Yes, you can take out a loan to start a business.

  5. How to get approved for a startup business loan - AOL

    www.aol.com/finance/approved-startup-business...

    Loan type. Purpose. SBA loans. SBA loans are backed by the U.S. government and can be used for a variety of business expenses, including long-term fixed assets and operating capital.

  6. What is a startup business loan? How does it work? - AOL

    www.aol.com/finance/startup-business-loan-does...

    Bankrate insight. In fiscal year 2023, the SBA approved over $27.5 billion in 7(a) loans and more than $6.4 billion in 504 loan funds, according to the SBA’s weekly lending report.. Alternatives ...

  7. SBA loan guide: What they are and how to apply - AOL

    www.aol.com/finance/sba-loan-guide-apply...

    SBA loan statistics. According to the SBA, at the end of 2023 fiscal year:. $27.5 billion in SBA 7(a) loans was approved. Almost 70 percent of 7(a) loans were for amounts under $350,000

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