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6 Advantages of SBA Loans Every Small Business Owner Should Know

Fundera

Because the SBA works with lenders—mostly banks—to guarantee up to 85% of loans that they issue in case of borrower default, banks feel more comfortable extending you that multimillion dollar loan than if you were flying solo when seeking out financing. You can borrow up to $5.5 With an SBA loan, “risk” isn’t such a dirty word to the bank.