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Why are SBA loans more affordable than other business loans. These loans are more affordable because most SBA loans are backed by the federal government, which provides an SBA loan guarantee ...
Small Business Administration loans are term loans or lines of credit partially guaranteed by the U.S. government. These loans have requirements and maximum interest rates set by the SBA. They ...
The most common government-backed small business loan with loan amounts of up to $5 million available. Money can be used for almost any purpose, including working capital, payroll, expansion and ...
SBA loans are term loans or lines of credit backed by the U.S. Small Business Administration. If you default on the loan, the SBA guarantees repayment to the lender up to a certain percentage.
The MicroLoan Program is a US Government program administered by the United States Small Business Administration (SBA) that provides microloans to start-up, newly established, or growing small business endeavors. The program has been operating since 1992.
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with the signing of the Small Business Act, currently codified at 15 U.S.C. ch. 14A.The Small Business Act was originally enacted as the "Small Business Act of 1953" in Title II (67 Stat. 232) of Pub.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 ...
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