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You would have to first find a product to sell. Then you have to have investors, your own money, or collateral to put up for the loan. Contact a bank to make an appt.

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14y ago

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Is the Small Business Administration associated with the federal government and how hard is it to get loans approved by them?

The SBA is not a federal agency. If you are able to present a viable business plan to an SBA you can have a great chance at getting a loan approved.


How can you get approved for a sba 7a loan?

In order to qualify for a SBA 7(a) loan your small business will need to meet very specific criteria. These loans are for businesses that export abroad, or operate in rural areas.


How Do I Apply For An SBA Loan?

SBA offers many loan programs which can be described at their website. The SBA does not directly make loans, however they will guarantee loans made with the help of SBA approved lenders. You can find a business counselor who can help you in preparing your SBA loan application.


When was the SBA established?

To address the problem, in 1953 the U.S. Congress approved the Small Business Administration Act, which created the Small Business Administration (SBA).


What are options for sba loan help and who provides it?

The US Small Business Administration is the go to place to answer all of you small business loan questions. The US Small Business Administration finds resources for small business owners to help achieve the small business goals. SBA does not provide the direct loan, but they are who backs the banks to do so.


Where can I find more information about SBA loan requirements?

A SBA loan is a small business loan. These loans can help you a lot when starting a newer small business. Talking to your local banker is probably the best way to tell which loan is the right one for you.


What is the point of an SBA loan broker?

A SBA broker is specifically designed to help out those that are seeking a small business loan. They are there to help throughout the entire loan process.


Where can you find a decent small business loan sba?

The first thing you should do is get in touch with your local SBA district office. They will be able to provide you with a list of lenders who have been approved to underwrite SBA small business loans. Most large banks, such as Bank of America, are on the list, but there are likely local banks you could choose as well.


What are the benefits of having an SBA Loan Broker?

SBA loan brokers can be a valuable asset to your small business. They can help you get a loan, choose what is right for you, and give you financial advise on your company.


What is the point of an SBA business loan?

An SBA business loan is a bit of a misnomer: SBA only facilitates financing with bonds, equity financing, and debt management for small businesses, but doesn't lend money itself. See www.sba.gov for more.


What is a sba small business loan?

Small Business Administration or sba small business loans are low-interest loans offered to small businesses by federal, state, and local government. These loans are offered to help small businesses with start-up costs and growth.


Where can one get a small business loan for a women?

A woman is able to get a small business loan most readily in several places including the following: SBA (small business loans), Wells Fargo, Bankrate, and Prosper.