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2. How to consolidate business debt

   www.aol.com/finance/consolidate-business-debt...

   Two years of tax returns, profit and loss statements, bank statements, business debt schedule and cash flow projections. ... Following up, especially with an SBA loan application, may be necessary ...

3. SBA loan guide: What they are and how to apply - AOL

   www.aol.com/finance/sba-loan-guide-apply...

   SBA loan statistics. According to the SBA, at the end of 2023 fiscal year:. $27.5 billion in SBA 7(a) loans was approved. Almost 70 percent of 7(a) loans were for amounts under $350,000

4. How to manage a fast business loan - AOL

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

   Other business loans, such as SBA loans, have lengthy applications and longer funding times. But a fast business loan can get much-needed cash into your business bank account, potentially within ...

5. 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.

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with the signing of the Small Business Act, currently codified at 15 U.S.C. ch. 14A.The Small Business Act was originally enacted as the "Small Business Act of 1953" in Title II (67 Stat. 232) of Pub.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

7. Best business debt consolidation loans

   www.aol.com/finance/best-business-debt...

   Lender. Loan type. Loan amounts. Bankrate score. SBA. SBA. Up to $5.5 million. 4.8. Funding Circle. Long-term loan. $25,000 to $500,000. 4.6. Fundible. Business line ...

8. MicroLoan Program - Wikipedia

   en.wikipedia.org/wiki/MicroLoan_Program

   Under this program, SBA makes funds available to non-profit community based lenders (intermediaries) that in turn, make loans to eligible borrowers in amounts up to a maximum of $50,000. The average loan size is about $13,500. Applications are submitted to the local intermediary and all credit decisions are made on the local level.

9. SBA 7(a) loan: What it is and how to apply - AOL

   www.aol.com/finance/sba-7-loan-apply-123539929.html

   SBA loan rates are current as of March 2024, calculated with the current prime rate of 8.50%. Variable-rate loans. Loan amount. Maximum interest rate. $50,000 or less. 15.00%. $50,001 to $250,000.