The Small Business Administration (SBA) provides loans to entrepreneurial America or small businesses. The terms and conditions and amount of the loan vary based on the type of loan. Below is a table that summarizes the general terms based on loan type. You may also refer to the following link to SBA website for further… Read More
7(a) loans are small business loans financed by a private lender and backed by the U.S. Small Business Administration (SBA). They have fairly broad eligibility requirements for existing profitable businesses and are very flexible in amount depending on the business’ needs. There is no minimum loan amount and can be as large as 5 million… Read More