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What is an Sba Loan and are There Any Pitfalls? Weighing the Pros and Cons

Posted By ivanpw 38 days ago on Business

http://www.smbceo.com - 30.2 million small businesses exist in the American marketplace. While each of those companies possess unique qualities, what unites them all is the fact they needed money to get started. Therein lies the value of taking out a loan.

Getting a business loan is a rite of passage for most entrepreneurs. Can you guess what one of the first questions money-seekers ask when they’re hunting down funding?

“What is an SBA loan?”
SBA loans are loans facilitated through the federal Small Business Administration. These loans carry pros and cons, many of which we discuss below.

The Pros of SBA Loans
We’ll start our what is an SBA loan exploration on a positive note by outlining this loan class’s pros.…
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