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2. SBA 504 Loan - Wikipedia

   en.wikipedia.org/wiki/SBA_504_Loan

   There are three partners in an SBA 504 loan—the borrower, a bank or other regulated lender, and a CDC. Typically the borrower must contribute 10% of the total project cost; their bank lends 50% at their own rate and term (as long as the term is at least 10 years), and has a first lien on the assets being financed; and the CDC lends 40%, with a second lien.

3. How long do you have to wait for SBA loan approval? - AOL

   www.aol.com/finance/long-wait-sba-loan-approval...

   SBA requirements include: ... SBA 504/CDC loan. This type of loan is backed by the SBA and funded through certified development companies (CDCs), banks or credit unions. The SBA aims for a 15-day ...

4. SBA vs. conventional loan: What you need to know - AOL

   www.aol.com/finance/sba-vs-conventional-loan...

   Requirements of an SBA loan. There are four main requirements for an SBA loan: 1. Your business must be for-profit ... SBA 504 loans saw a significant drop, however, from a little over 9,000 in ...

5. SBA loan guide: What they are and how to apply - AOL

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

   The SBA has a tool to find a local CDC. A 504 loan will also be partially funded by a third-party lender, which will set the loan’s primary terms and interest rates. ... Check eligibility ...

6. SBA loan statistics: Top lenders - AOL

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

   Discover the best SBA lenders for 7(a), 504 and Community Advantage loans. Learn requirements and find lenders that accept startups and bad credit.

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. 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with the signing of the Small Business Act, currently codified at 15 U.S.C. ch. 14A.The Small Business Act was originally enacted as the "Small Business Act of 1953" in Title II (67 Stat. 232) of Pub.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 ...

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

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

   SBA 504 loans: Used for buying ... Once you’ve satisfied all the application requirements, the lender will need to approve your loan as well as get SBA loan approval. This process can take the ...