Sba 7(A)

  • 7 Core Ways to Compare Lenders and Products

    … of lenders), provide rapid responses, require few personal guarantees, and close and fund quickly. But their interest rates are high (often over 10 times the rates on more conventional loan products), the term over which they lend is short (rarely less than a year or two) and the maximum amount one can borrow are relatively low. In comparison, SBA 7…

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  • How small business owners can get a loan despite having bad credit

    …. That is the policy intent of the Small Business Administration’s flagship 7(a) loan guarantee program which has several thousand participating lenders throughout the US. Community Development Financial Institutions (CDFIs) are another group of organizations with missions aimed at helping disadvantaged individuals and groups. Many CDFIs engage in small…

    Blogtrepreneurin How To's- 7 readers -