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  2. SBA 7(a) loan: What it is and how to apply - AOL

    www.aol.com/finance/sba-7-loan-apply-123539929.html

    SBA 7(a) loans can be used for short- and long-term working capital, refinancing existing business debts, purchasing new machinery and equipment, acquiring supplies or other purposes to improve ...

  3. Small business loan refinancing: What you should know - AOL

    www.aol.com/finance/small-business-loan...

    As the SBA sets maximum interest rates that lenders can charge, you may score more favorable terms on your business loan refinance. Microloans are small loans intended for startups and underserved ...

  4. How to refinance a business loan: 6 steps - AOL

    www.aol.com/finance/refinance-business-loan-6...

    Yes, it is possible to refinance business debt with an SBA loan. Keep in mind that SBA loans can involve more paperwork and take longer for approval than other types of loans. The SBA may restrict ...

  5. Small Business Administration - Wikipedia

    en.wikipedia.org/wiki/Small_Business_Administration

    The SBA was created on July 30, 1953, by Republican President Eisenhower with the signing of the Small Business Act, currently codified at 15 U.S.C. ch. 14A.The Small Business Act was originally enacted as the "Small Business Act of 1953" in Title II (67 Stat. 232) of Pub. L. 83–163 (ch. 282, 67 Stat. 230, July 30, 1953); The "Reconstruction Finance Corporation Liquidation Act" was Title I ...

  6. What is business loan refinance and when to do it - AOL

    www.aol.com/finance/refinance-business-loan...

    Business loan refinancing allows business owners to replace an existing loan with a new one, offering lower interest rates and monthly payments. However, deciding when to refinance a loan can be ...

  7. Where can I get a fast business loan? - AOL

    www.aol.com/finance/where-fast-business-loan...

    According to the SBA weekly lending report, about 57,362 7(a) loan applications were approved in the 2023 fiscal year, and the average loan size was $479,645. Bottom line

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