WHAT IS A SBA LOAN?
An SBA loan is similar to a traditional bank term loan, but the loan is partially guaranteed by the government. The government partially guarantees SBA loans to help businesses qualify for loans a conventional bank wouldn't typically lend to, this reduces risk to the lender and makes it easier for a business owner to acquire funding.
WHO IS A GOOD FIT FOR A SBA LOAN?
The Small Business Administration provides small business owners a chance to receive funding at low rates. There are numerous loan options available – some for purchasing real estate and others for financing exports. There are even SBA Disaster Loans in place for those looking to recover after the unexpected. Trying to navigate through the options is often difficult for a typical business owner, which is why you want to contact us for expert guidance.