6 Things To Know About Getting An SBA Loan
- Topics:
- Credit and Loans,
- Small Business
- Tags:
- Bank,
- Enterprise Software,
- Entrepreneurship,
- Financial Services,
- Government,
- Guarantee,
- Management,
- Software,
- Vertical Industries
- Source:
- Microsoft
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Overview: If you're thinking about starting or expanding a small business, a loan guarantee from the U.S. Small Business Administration can be the difference between forging forward and putting your dreams on hold. The first thing to know is that SBA loan guarantees are not loans in and of themselves. Banks and other lending institutions make the loan; the SBA guarantees it. With the government providing the guarantee in case of default, banks and other lenders will make loans they otherwise wouldn't. But SBA loan guarantees come with strings attached. This paper gives information about six more things for entrepreneurs and business owners to know when looking for help from the government to start or expand a business.
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Format: HTML | Pages: 4
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