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Business Loans Blog Posts | Page 12

SBA 7(a) Loans: Your Complete Guide To Terms, Fees, & Eligibility

An SBA 7(a) Loan is a finance option offered to small businesses, backed (or guaranteed) by the Small Business Administration to reduce the risk involved on the part of the lender. 7(a) products are intended for businesses that may be unable to procure other, more traditional, loans. The loan guarantee provided by the SBA gives business owners a chance to fund their small business needs.

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Jan 5, 2021 Filed under: Business Loans 0

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