Tag: SBA 7(a) loans
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Can I Get Approved for the SBA 7(a) Loan Program
Any small business owner who spends time searching for small business loans–both through banks and online–has likely come across the SBA 7(a) loan program. It’s one of the more popular small business lending options out there. With that, many small business owners look to the Small Business Administration (SBA) to help with financing. One way…
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What Are SBA Loan Collateral Requirements?
KEY TAKEAWAYS There are multiple types of SBA Loans, including 7(a), SBA Express Loans and EIDL Loans. SBA loans, the most popular of which is the 7(a) loan, will typically use assets like real estate and inventory as collateral for security. SBA loans, the most popular of which is the 7(a) loan, will typically use…
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How Do Small Business Administration (SBA) Loans Work?
Next up in the “How It Works” series let’s take a look at how SBA loans work Every business is unique. What works for one may not work for another. With a range of choices, each with its own unique requirements and mechanisms, how do you identify which type of financing is best for your…