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SBA Loan Qualification Requirements: How To Get An SBA Loan

Lendio

AUGUST 14, 2023

Because they know they’ll get paid even if you were to default, lenders are much more willing to be generous with you. There are no size restrictions, and private nonprofit organizations, homeowners, and renters can qualify. The SBA’s incentive means lenders will even compete for your business.

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How to Use an SBA Loan to Buy a Business

CreditStrong for Business

SEPTEMBER 13, 2024

Because if your company defaults on the debt, the government agency provides the lender with the guarantee amount, thereby reducing their risk. The SBA guarantees up to 85% of the loan if it’s $150,000 or less and up to 75% if it’s above that threshold.

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SBA Loan Qualification Requirements: How To Get An SBA Loan

How to Use an SBA Loan to Buy a Business

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