Top Group Capital
U.S. SMALL BUSINESS ADMINISTRATION
(SBA) LOAN PROGRAM
Most entrepreneurs can think of numerous ways to expand business—buying equipment, building a new facility, or even acquiring another company.
But the real challenge is obtaining financing to turn those dreams into reality
That’s why many small businesses turn to the U.S. Small Business Administration (SBA) loan program. The SBA, the nation’s largest-single-financial-backer of small businesses, expects more than $12 billion to be financed through its programs in 2000.
WHAT IS AN SBA LOAN?
SBA loans are actually made by private-sector lenders, not by the SBA. The SBA guarantees the loans, which enables lenders to offer terms and conditions that are otherwise not typically available through conventional lending sources.
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