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2. SBA loan guide: What they are and how to apply - AOL

   www.aol.com/finance/sba-loan-guide-apply...

   SBA loan statistics. According to the SBA, at the end of 2023 fiscal year:. $27.5 billion in SBA 7(a) loans was approved. Almost 70 percent of 7(a) loans were for amounts under $350,000

3. SBA 7(a) loan: What it is and how to apply - AOL

   www.aol.com/finance/sba-7-loan-apply-123539929.html

   To apply for an SBA 7 (a) loan, you will need to work with a lender approved by the SBA. Then, be prepared to submit a long list of financial documentation to show that you can repay the loan. You ...

4. Pros and cons of SBA loans - AOL

   www.aol.com/finance/pros-cons-sba-loans...

   SBA loans aim to make it easier for small businesses to get the funding they need to launch and operate. In the 2023 fiscal year — which ended September 30, 2023 — the SBA issued more than ...

5. SBA vs. conventional loan: What you need to know - AOL

   www.aol.com/finance/sba-vs-conventional-loan...

   Longer loan terms: SBA loans have repayment terms of up to 25 years for real estate and 10 years for other fixed assets and working capital, which could make monthly payments more manageable ...

6. Small Business Administration - Wikipedia

   en.wikipedia.org/wiki/Small_Business_Administration

   The SBA's guarantee on these loans encourages lenders to provide financing to small businesses that may not meet traditional loan criteria, making it a valuable lifeline for many entrepreneurs. SBA loans may have lower down payment and collateral requirements than with other forms of loan. Disaster Loan Program

7. How long do you have to wait for SBA loan approval? - AOL

   www.aol.com/finance/long-wait-sba-loan-approval...

   SBA 7 (a) loan. 7 (a) loan subtypes are backed directly by the SBA. The SBA’s turnaround time is 2 to 10 business days, but approval from your chosen lender can take 30 to 60 days. 60 to 90 days ...