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

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

    Loan type. Maximum loan amount. Maximum guarantee. SBA turnaround time. Purpose. 7(a) loan. $5 million. 75%. 5 to 10 business days. Working capital, equipment, supplies purchases, real estate ...

  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 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

  6. What documents are required for a business line of credit? - AOL

    www.aol.com/finance/documents-required-business...

    Bankrate insight. According to the SBA weekly lending report, so far in 2023, most SBA CAPLines have loan amounts between $350,000 and $500,000 (14.3 percent) and $500,000 and $2 million (54.5 ...

  7. Where can I get a startup business loan? - AOL

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

    If you can’t get a business loan, try alternatives like a business credit card or personal loan In March 2024, over 435,000 new business applications were filed, according to the U.S. Census ...

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