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

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

   SBA 7(a) loan terms. The standard SBA 7(a) loans guarantee up to 75 percent of the loan amount. The lender may also require collateral to guarantee the rest of the loan, using your business’s ...

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. What is the SBA line of credit? - AOL

   www.aol.com/finance/sba-line-credit-202339941.html

   SBA line of credit interest rates. SBA loan rates are competitive and offer favorable terms for small businesses, which can translate to major savings on the cost of borrowing.. Interest rates for ...

5. Pros and cons of SBA loans - AOL

   www.aol.com/finance/pros-cons-sba-loans...

   Rates current as of November 2023; calculated with current prime rate of 8.50%. Longer repayment terms. With SBA loans, you have longer to pay off the loan than most business loans.

6. Community Advantage Loan - Wikipedia

   en.wikipedia.org/wiki/Community_Advantage_Loan

   The U.S. Small Business Administration Community Advantage Loan program is designed for new and existing businesses that need loans under $250,000. The loan can be used to finance a startup company or expand an existing small business or buy real estate. The SBA guarantees 85 percent of loans up to $150,000 and 75 percent of loans greater than ...

7. How to choose the best small business lender - AOL

   www.aol.com/finance/choose-best-small-business...

   Bankrate insight. The SBA has approved over $15 billion in 7(a) loans so far in fiscal year 2024. To learn more about these loans, check out the following guides: SBA loan interest rates. What is ...