Definition
Loans provided to small businesses for various purposes by a lender. These loans may have less restrictive requirements, enabling the small business to secure the funds. A small business loan may provide other incentives for the borrower, which could minimize expenses for the business.
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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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