Definition
Rate below the current commercial bank lending rate. Such rates are offered normally only to low or moderate income segments of the society (to encourage their economic development).
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Obtaining Loans for Small or New Businesses
When starting a company, consider an SBA-guaranteed loan. Under this program, the U.S. Small Business Administration (SBA) guarantees a portion of a loan, often up to 85 percent, and enables a small b ... Read more
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