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  2. Business loan - Wikipedia

    en.wikipedia.org/wiki/Business_loan

    A business loan is a loan specifically intended for business purposes. [1] As with all loans, it involves the creation of a debt , which will be repaid with added interest . There are a number of different types of business loans, including bank loans, mezzanine financing, asset-based financing, invoice financing, microloans , business cash ...

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

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

    An SBA loan gives your small business access to government-backed funding. ... However, SBA loans may take more time to apply for, given their strict guidelines, and are often more difficult to ...

  4. Paycheck Protection Program - Wikipedia

    en.wikipedia.org/wiki/Paycheck_Protection_Program

    President Trump signs the Paycheck Protection Program and Health Care Enhancement Act (H.R. 266), April 24, 2020. The Paycheck Protection Program (PPP) is a $953-billion business loan program established by the United States federal government during the Trump administration in 2020 through the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) to help certain businesses, self ...

  5. MicroLoan Program - Wikipedia

    en.wikipedia.org/wiki/MicroLoan_Program

    With microloans, borrowers can apply for up to $50,000 in funding. The requirements are a lot more lenient given that the total amount is far less than the typical SBA (7)(a). Other fees associated with the microloan include the application fee, loan processing fee, and the closing costs, which can add between 2 – 4% onto the loan itself.

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

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

    The most common government-backed small business loan with loan amounts of up to $5 million available. Money can be used for almost any purpose, including working capital, payroll, expansion and ...

  7. What is a startup business loan? How does it work? - AOL

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

    SBA loans: These loans are backed by the government and offer easier approvals and large loan limits. Through the SBA 7(a) program, borrowers can get loans up to $5 million.

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