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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. Vermont Agency of Commerce and Community Development

    en.wikipedia.org/wiki/Vermont_Agency_of_Commerce...

    The Department of Economic Development stimulates business development and job creation. The department assists through support in financing, licensing, business recruitment, and marketing services. The Department of Tourism and Marketing promotes Vermont as a travel destination through the mediums of print, television, radio and the World Wide ...

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with the signing of the Small Business Act, currently codified at 15 U.S.C. ch. 14A.The Small Business Act was originally enacted as the "Small Business Act of 1953" in Title II (67 Stat. 232) of Pub.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

  5. How to get a startup business loan: 5 steps - AOL

    www.aol.com/finance/startup-business-loan-5...

    Loan type. Typical amounts. Details. Term loans. $10,000 to $10 million. Term loans can be used for general business purposes, including to finance buying equipment, land, acquiring a business or ...

  6. Types of small business loans offered at banks - AOL

    www.aol.com/finance/types-small-business-loans...

    The 2023 Small Business Credit Survey found that 44 percent of businesses rely on large banks when applying for business loans, while 28 percent use small banks.

  7. What is a fast business loan and how does it work? - AOL

    www.aol.com/finance/fast-business-loan-does...

    You may be able to get a business loan with a personal credit score of 500, but it depends on the lender and the type of business loan. Most loans typically require fair credit and above. Most ...