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

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

    The SBA also sets maximum interest rates and offers long repayment terms, making 7(a) loans highly attractive to small businesses. But you will need to meet the strict requirements set by both the ...

  3. What is the SBA line of credit? - AOL

    www.aol.com/finance/sba-line-credit-202339941.html

    SBA line of credit type. Description. Repayment terms. Amount. Seasonal CAPLines. Covers seasonal fluctuations. Up to 10 years. Up to $5 million. Contract CAPLines. Covers contractors with ...

  4. How to apply for a working capital loan - AOL

    www.aol.com/finance/apply-working-capital-loan...

    Short-term loan. Lump sum payment. Frequent payments. Short repayment terms. Expensive interest rates compared to long-term loans. SBA loans. Backed by the U.S. Small Business Administration (SBA ...

  5. Small Business Administration - Wikipedia

    en.wikipedia.org/wiki/Small_Business_Administration

    The SBA was created on July 30, 1953, by Republican President Eisenhower with the signing of the Small Business Act, currently codified at 15 U.S.C. ch. 14A.The Small Business Act was originally enacted as the "Small Business Act of 1953" in Title II (67 Stat. 232) of Pub. L. 83–163 (ch. 282, 67 Stat. 230, July 30, 1953); The "Reconstruction Finance Corporation Liquidation Act" was Title I ...

  6. How to write off repayment of a business loan - AOL

    www.aol.com/finance/write-off-repayment-business...

    The Small Business Administration (SBA) offers several types of business loans. SBA loans need to be repaid. The good news is they usually come with long repayment terms between 10 and 25 years ...

  7. Business loan - Wikipedia

    en.wikipedia.org/wiki/Business_loan

    The US Small Business Administration (SBA) does not make loans; instead it guarantees loans made by individual lenders. The main SBA loan programs are SBA 7(a) which includes both a standard and express option; Microloans (up to $50,000); 504 Loans which provide financing for fixed assets such as real estate or equipment; and Disaster loans. In ...

  8. SBA loan statistics: Top SBA lenders by state - AOL

    www.aol.com/finance/sba-loan-statistics-top-sba...

    Since the SBA sets limits on interest rates and offers long repayment terms, SBA loans are competitive compared to conventional business loans. The most popular SBA loan programs are the 7(a) ...

  9. MicroLoan Program - Wikipedia

    en.wikipedia.org/wiki/MicroLoan_Program

    The intermediary also assists by providing technical and management assistance. The maximum term allowed for an SBA micro-loan is six years. Loan terms, however, vary according to the size of the loan, the planned use of funds, the requirements of the intermediary lender, and the needs of the small business borrower.

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