SBA Loans: A Complete Guide for Small Business Owners

Where can you go when private financing sources turn you down for a loan? For the owner, the answer is typically the U.S. Small Business Administration (SBA). The has a vested interest in encouraging the growth of small businesses. As a result, some SBA loans have less stringent requirements for owner’s equity and collateral than do commercial loans, making the SBA an excellent financing source for startups. In addition, many SBA loans are for smaller sums than most banks are willing to lend.

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Of course, that doesn’t mean the SBA is giving away. In fact, the SBA

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SBA Loans: A Complete Guide for Small Business Owners

Where can you go when private financing sources turn you down for a business loan? For the small business owner, the answer is typically...