Doesn’t the Small Business Administration loan money to business owners?
The Small Business Administration (SBA) does not loan money to small businesses. The SBA is a branch of the federal government and acts as guarantor of loans to benefit small businesses. The SBA works with banks to underwrite loans for potentially risky investments, including inexperienced business owners and loan applicants with poor credit. Though you may be able to benefit from one of these guarantees, businesses still must go through banks obtain a guaranteed loan.
