What is SBA loan?

What is SBA?

The U.S. Small Business Administration (SBA) is a federal agency that supports small businesses by aiding, counseling, assisting, and protecting their interests.

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Advantages

Types of loans

7(a) loans - Loan amounts can range up to $5 million, and the repayment terms can be up to 25 years. Microloans - Smaller than 7(a) loans, with loan amounts up to $50,000

SBA loans can be a valuable financing option for small businesses, but it's important to carefully consider the pros and cons before applying

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What is SBA?

SBA loan refers to a loan program offered by the United States Small Business Administration

The U.S. Small Business Administration (SBA) is a federal agency that supports small businesses by aiding, counseling, assisting, and protecting their interests.

Advantages

SBA Guarantees Lower down payments Longer payment terms Affordable payment terms Affordable Interest rates Access to SBA resources

Types of loans

SBA loans can be a valuable financing option for small businesses, but it's important to carefully consider the pros and cons before applying

Know more!