What is a guaranty and why is it important?
Many of BCI Lending’s small business loan options are guaranteed. That is, these loans are backed by the federal government and issued through the Small Business Administration (SBA) or through the U.S. Department of Agriculture (USDA). The guaranty by the federal government is important to small business owners because it ensures true long term financing, which can be vital to bolstering cash flow, especially so in the early years of a small business.
