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What is a SBA guaranteed loan?

guaranteed loan SBA
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What is a SBA guaranteed loan?

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A SBA guaranteed loan is a small business loan from a lender that the SBA has partially guaranteed. When you or your business do not have sufficient assets to meet the lender’s loan requirements, the SBA provides a guarantee to the lender on your behalf. This guarantee can be for between 50% – 85% of the loan amount.

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