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The Accion Opportunity Fund grants small business loans ranging from $5,000-$250,000, along with educational resources, coaching, and support networks in both English and Spanish. This program ...
Type of SBA loan. Description. 7(a) loan. Most popular SBA loan, used for general purposes, including working capital, equipment and real estate. 504 loan
Short-term loan. Lump sum payment. Frequent payments. Short repayment terms. Expensive interest rates compared to long-term loans. SBA loans. Backed by the U.S. Small Business Administration (SBA ...
An SBA loan gives your small business access to government-backed funding. ... 5 to 10 years for working capital loans, 25 years for real estate loans. Down payment. 10%. SBA 7(a) ...
SBA 7(a) loans. SBA 7(a) loans have loan amounts of up to $5 million and repayment terms of up to 10 years when used for working capital. It can take up to 90 days to receive funds, but the capped ...
OnDeck Capital is an American small business lending company with offices in Chicago, IL; New York, NY; Denver, CO, and South Jordan, UT. [1] OnDeck provides its loans exclusively online and uses proprietary software to aggregate data about a business’ operations, which is processed by an algorithm that determines loan eligibility.
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