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  2. How to get approved for a startup business loan - AOL

    www.aol.com/finance/approved-startup-business...

    Getting a startup business loan is possible, but you’ll need to follow some steps to help your chances of approval. 1. Check your credit score. Your credit score is one of the primary factors ...

  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. How to get funding to start a business - AOL

    www.aol.com/finance/funding-start-business...

    Bankrate insight. SBA loans can be an affordable type of debt financing for startups. So far, in fiscal year 2024, SBA-approved lenders have approved $3.4 billion in SBA 7(a) loans for startups ...

  5. Small Business Administration - Wikipedia

    en.wikipedia.org/wiki/Small_Business_Administration

    The 7(a) Loan Guarantee Program is designed to help entrepreneurs start or expand their small businesses. It is the most common loan program offered by the SBA. [11] The program makes capital available to small businesses through bank and non-bank lending institutions. [12] The Small Business Jobs Act of 2010 increased the maximum size of these ...

  6. Paycheck Protection Program - Wikipedia

    en.wikipedia.org/wiki/Paycheck_Protection_Program

    President Trump signs the Paycheck Protection Program and Health Care Enhancement Act (H.R. 266), April 24, 2020. The Paycheck Protection Program (PPP) is a $953-billion business loan program established by the United States federal government during the Trump administration in 2020 through the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) to help certain businesses, self ...

  7. Business loan - Wikipedia

    en.wikipedia.org/wiki/Business_loan

    A business loan is a loan specifically intended for business purposes. [1] As with all loans, it involves the creation of a debt, which will be repaid with added interest. There are a number of different types of business loans, including bank loans, mezzanine financing, asset-based financing, invoice financing, microloans, business cash ...

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