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Now more than ever, small businesses have an opportunity to compete with big company salaries by offering a competitive benefits package. Ninety-two percent of employees surveyed by the Society of ...
Small business loans are usually funded through traditional banks and online lenders. If you’re looking for an SBA loan, you’ll need to find a lender approved by the U.S. Small Business ...
SBA loans are among the most popular types of small business loans, but they have an involved application process. Even so, they are a good option for working capital, big expenses or growth ...
Loan type. Purpose. Best for. Term loans. Working capital and other short- and long-term business expenses. Businesses with expenses of varying sizes that need to be covered
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 ...
Under this program, SBA makes funds available to non-profit community based lenders (intermediaries) that in turn, make loans to eligible borrowers in amounts up to a maximum of $50,000. The average loan size is about $13,500. Applications are submitted to the local intermediary and all credit decisions are made on the local level.
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