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SBA Loans: Types, How They Work and How To Qualify
Securing funds to get a small business started or keep a floundering small business afloat can be a challenge if you turn to traditional lenders — especially if you don’t have a stellar credit report.
You should repay your SBA loan early if the interest savings outweigh any prepayment penalties — and it makes sense for your financial situation. Many, or all, of the products featured on this page ...
There are three steps to take if your SBA loan is denied Even if your SBA loan is denied, you can reapply after 90 days There are alternative lending options available outside of SBA financing If ...
The best small business lenders have flexible business requirements, competitive rates and a variety of loan options ...
SBA loans have set maximum interest rates, making them a flexible and affordable business lending option. It can take 30 to 90 days for SBA loan approval and funding. Beyond loans, the U.S. Small ...
If you can no longer repay your SBA loan, you can end up defaulting on your debt. Once that happens, you can face a long series of consequences. First, the lender will attempt to collect the debt. If ...
Kiah Treece is a former attorney, small business owner and personal finance coach with extensive experience in real estate and financing. Her focus is on demystifying debt to help consumers and ...
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