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Type of business acquisition loan. Description. SBA 7(a) loan. A government-backed loan designed to help businesses that don’t qualify for conventional business loans, offering low interest ...
SBA loans provide small business owners with a low-interest, government-backed loan to help fund their businesses. These loans are administered by third-party lenders equipped with training and ...
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 ...
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 ...
As part of the 2009 American Recovery and Reinvestment Act (signed Feb 17, 2009), the United States Government has allocated Small Business Administration (SBA) backed funds for viable small businesses in the United States. [1] Businesses must have qualifying business loans and must be experiencing immediate financial hardship.
SBA 7 (a) loan. Up to $5 million. Government-backed loan used for a variety of reasons, including real estate purchases, refinancing business debt, short and long-term working capital and ...
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