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  2. What are small business loans and how do they work? - AOL

    www.aol.com/finance/business-loans-215421282.html

    Approval for a small business loan typically requires a good credit score, solid business revenue and a personal guarantee or collateral. There are many potential lenders for a small business loan ...

  3. How to get a business loan in 6 steps - AOL

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

    Many banks also offer loans backed by the U.S. Small Business Administration. As of April 2024, SBA loans have interest rates between 11.50 to 16.50 percent, and you can secure loan amounts up to ...

  4. 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

  5. 9 types of business loans - AOL

    www.aol.com/finance/9-types-business-loans...

    Small business loans usually range from $1,000 to $5 million. Different types of small business loans are designed to meet various funding needs. From long-term commercial real estate loans to ...

  6. How to get a small business loan without collateral

    www.aol.com/finance/small-business-loan-without...

    Bankrate insight. As of March 2024, for fiscal year 2024, 29.9 percent of 7(a) loans were approved for $50,000 and under. New businesses with under two years of experience made up just 18 percent ...

  7. How to get a small business loan when self employed - AOL

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

    SBA loans are business loans that are partially guaranteed by the Small Business Administration. Because SBA loans offer repayment terms of up to 25 years, self-employed borrowers can stretch out ...

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