Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What Financing is available from the SBA, banks and other sources ?What is an SBA Loan?

April 26, 2017Banks financing loan SBA sources

0

Posted

What Financing is available from the SBA, banks and other sources ?What is an SBA Loan?

1 Answer

0

Posted

The SBA no longer makes direct loans, but it does provide a guarantee of a major percentage of the loan to the lending bank. The amount of guarantee varies; presently it is around 75 percent.