SBA 7(a) Loan Explained: Most Powerful Tool in Small Business Lending
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SBA 7(a) Loan Explained: Most Powerful Tool in Small Business Lending
The SBA 7(a) loan is the most powerful structure in small business lending, period. Long terms, low down payments, works for buying businesses, real estate, even restructuring debt. Interest rates are usually just a couple points above prime (9.5-10.5% range today). But here's what nobody tells you: this isn't a startup money machine. This is ...
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