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Documents for SBA LLC loans. U.S. Small Business Administration-backed loans are designed to improve access to capital, supporting growth and recovery for small businesses and startups. The SBA ...
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with the signing of the Small Business Act, currently codified at 15 U.S.C. ch. 14A.The Small Business Act was originally enacted as the "Small Business Act of 1953" in Title II (67 Stat. 232) of Pub.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 ...
If you operate a limited liability company (LLC) and are looking for funding opportunities, an LLC loan could be a viable option. It’s a type of small business loan that can help you cover day ...
SBA loan: SBA loans are backed by the U.S. Small Business Administration and have fairly strict requirements but low rates. Term loan : A term loan is a loan where all funds are distributed at once.
In the United States, the Small Business Administration has a list of links to State websites for State licensing requirements. [2] Each State has its own business registration and licensing requirements. Business.usa.gov [3] is managed by the U.S. Government, while Business.gov [4] is managed by the U.S. Small Business Administration.
The business owner puts a minimum of 10%, a conventional lender (typically a bank) puts up 50%, and a so-called Certified Development Company (CDC) puts up the remaining 40%. Certified Development Companies [3] are established under the SBA 504 program as non-profit corporations set up to support economic growth in their local areas. There are ...
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