Small Business Loans
Small business loans are an incredible way to take a company to the next step. Whether it is a small business just starting up or a long running small business trying to expand or explore new opportunities, it is paramount for some business owners to get financing in these situations. Start up Loans was built with the sole purpose of educating small business owners in every area, please explore this section as your research ways in which to secure funding for your business. After all, Small Businesses are the life blood of the American economy.
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SBA Loans & Guaranteed Loans Programs
An SBA loan is a loan where the Government partially guarantees repayment to the lending bank. SBA loans are commonly used when a small business is outside of a lending institutions usual lending criteria. A small business must qualify for financing through a bank (using regular banking guidelines) and gain further approval from the Small Business Administration prior receiving any money. Banks and other lenders do currently offer quite a few SBA guaranteed loan programs to assist small businesses with the financing they require. The small business administration itself does not make loans, it does however, guarantee loans made to small businesses by private and other institutions.
Types of SBA Guaranteed Loans:
- 7(a) Loan Program
- Express Programs
- Export Loan Programs
- Rural Lender Advantage Program
- Special Purpose Loans Program
- CDC/504 Loan Program
- Micro-loan Program
- Disaster Assistance Loan Program
Please visit the SBA’s website for a complete and detailed explanation of each loan.
