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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. Small business financing: Your options - AOL

   www.aol.com/finance/small-business-financing...

   Finance your small business with loans, grants or crowdfunding. ... Fee and interest rate limits set by SBA. Cons: Strict guidelines to apply, based on lender. Funding can take 30 to 90 days.

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

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

   Lenders and borrowers are free to negotiate loan terms and interest rates, but the lender cannot exceed the maximum interest rate set by the SBA. For other SBA 7(a) loans like the SBA 7(a) Small ...

5. Pros and cons of SBA loans - AOL

   www.aol.com/finance/pros-cons-sba-loans...

   Rates current as of November 2023; calculated with current prime rate of 8.50%. Longer repayment terms. With SBA loans, you have longer to pay off the loan than most business loans.

6. SBA Express loan: What it is and how to apply - AOL

   www.aol.com/finance/sba-express-loan-apply...

   Loan amounts. Interest rates. Loan terms. Maximum SBA guarantee. SBA Express loan. $500,000. 11.50% to 16.50%. Up to 10 years for term loans or lines of credit; 25 years for property purchases or ...

7. What is the average small business loan amount? - AOL

   www.aol.com/finance/average-small-business-loan...

   For fiscal year 2023, the average loan amount for all types of 7(a) loans from the Small Business Administration was $479,685, and the average amount for a 504 loan was $1.08 million