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  2. What is the SBA line of credit? - AOL

    www.aol.com/finance/sba-line-credit-202339941.html

    Businesses can make draws on their lines of credit as needed versus receiving the entire loan amount upfront. Business ... loans, maximum rates range from 13.50 percent for amounts over $250,000 ...

  3. 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

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

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

    The maximum loan amount from the SBA is $50,000. Term loans: Term loans disburse funds all at once, making them useful for one-time purchases. You can get short-term or long-term business loans.

  5. 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) loan terms. The standard SBA 7(a) loans guarantee up to 75 percent of the loan amount. The lender may also require collateral to guarantee the rest of the loan, using your business’s ...

  6. SBA Express loan: What it is and how to apply - AOL

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

    Loan amounts. Interest rates. Loan terms. Maximum SBA guarantee. SBA Express loan. $500,000. 11.50% to 16.50%. Up to 10 years for term loans or lines of credit; 25 years for property purchases or ...

  7. Pros and cons of SBA loans - AOL

    www.aol.com/finance/pros-cons-sba-loans...

    7(a) loans: This loan program is the SBA’s most popular. The maximum loan amount for a 7(a) loan is $5 million. The funds can be used for short and long-term working capital, refinancing current ...

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