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  2. 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

  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...

    SBA Community Advantage loans have a limit of $350,000, but 7(a) loans have a limit of $5 million, so it’s possible to borrow a large amount. How hard is it to get a business loan to start a ...

  5. MicroLoan Program - Wikipedia

    en.wikipedia.org/wiki/MicroLoan_Program

    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.

  6. How to get a first-time business loan - AOL

    www.aol.com/finance/first-time-business-loan...

    Microloans are small business loans offered in small loan sizes, such as $100,000 or less. There’s not a standardized amount that defines a conventional microloan, but SBA microloans are capped ...

  7. Complete List of SBA Loan Requirements - AOL

    www.aol.com/news/complete-list-sba-loan...

    If you're looking to start or grow a small business, SBA loans can offer flexible financing options at competitive terms that you might not qualify for otherwise. Depending on the type of SBA loan ...

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

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

    Bankrate insight. Startup businesses make up a significant part of SBA loans granted. According to the SBA 7(a) summary report for fiscal year 2023, SBA lenders approved $4.9 billion dollars in ...

  9. How to get a small business loan without collateral

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

    The SBA offers several types of business loans, but the SBA 7(a) loan is the most common option that can be used for a variety of purposes. Most SBA loans require collateral, but you can get ...

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