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  2. Types of small business loans offered at banks - AOL

    www.aol.com/finance/types-small-business-loans...

    SBA 7 (a) loan. The most common government-backed small business loan with loan amounts of up to $5 million available. Money can be used for almost any purpose, including working capital, payroll ...

  3. How to get a business loan from a bank - AOL

    www.aol.com/finance/business-loan-bank-192210975...

    Bank lenders often require at least a 670 FICO score, 2 years in business and $150,000 to $250,000 in revenue annually. These factors assess whether your business can handle the loan payments ...

  4. Types of startup business loans - AOL

    www.aol.com/finance/types-startup-business-loans...

    Bankrate insight. As of March 27, 2024, over $12.9 billion in 7(a) loans and over $3 billion in 504 loans have been approved so far. Of those approvals, 16.1 percent of 7(a) applications and 15.9 ...

  5. Small business financing - Wikipedia

    en.wikipedia.org/wiki/Small_business_financing

    source of business financing (also referred to as startup financing - especially when referring to an investment in a startup company - or franchise financing) refers to the means by which an aspiring or current business owner obtains money to start a new small business, purchase an existing small business or bring money into an existing small business to finance current or future business ...

  6. How to get approved for a startup business loan - AOL

    www.aol.com/finance/approved-startup-business...

    Getting a startup business loan is possible, but you’ll need to follow some steps to help your chances of approval. 1. Check your credit score. Your credit score is one of the primary factors ...

  7. Small Business Administration - Wikipedia

    en.wikipedia.org/wiki/Small_Business_Administration

    History. The SBA was created on July 30, 1953, by Republican President Eisenhower with the signing of the Small Business Act, currently codified at 15 U.S.C. ch. 14A.The Small Business Act was originally enacted as the "Small Business Act of 1953" in Title II (67 Stat. 232) of Pub. L. Tooltip Public Law (United States) 83–163 (ch. 282, 67 Stat. 230, July 30, 1953); The "Reconstruction ...

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