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  2. 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

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

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

    Lenders and borrowers are free to negotiate loan terms and interest rates, but the lender cannot exceed the maximum interest rate set by the SBA. ... SBA loan rates are current as of March 2024 ...

  4. Which of 11 most common types of small business loans is ...

    www.aol.com/11-most-common-types-small-163000155...

    One of the best aspects of these loans is that interest rates begin as low as 11.5% for an SBA loan greater than $350,000. These favorable rates mean you'll save a substantial amount of money over ...

  5. Pros and cons of SBA loans - AOL

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

    Rates current as of November 2023; calculated with current prime rate of 8.50%. Longer repayment terms. With SBA loans, you have longer to pay off the loan than most business loans.

  6. SBA loan statistics: Top SBA lenders by state - AOL

    www.aol.com/finance/sba-loan-statistics-top-sba...

    SBA loans are highly competitive because they offer long repayment terms, and the Small Business Administration caps the interest rates that lenders can charge. But SBA loans can take time to ...

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

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

    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 improvements. 50%.

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