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  2. 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 ...

  3. 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

  4. SBA Express loan: What it is and how to apply - AOL

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

    50%. SBA Export Express loan. $500,000. 11.50% to 16.50%. Up to 10 years for term loans, up to 7 years for lines of credit. 90% for loans of $350,000 or less. 75% for loans over $350,000.

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

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

    SBA loans. Conventional loans. Issued by. Banks and online lenders. Banks and online lenders. Lending limits. Up to $5.5 million. No set limits; average loan amount is about $663,000

  6. How to get an SBA startup loan - AOL

    www.aol.com/finance/sba-startup-loan-194343235.html

    SBA loan approval time varies widely depending on the loan type you apply for. You may hear back as soon as 36 hours for an SBA Express loan , but approval for other loans may take 30 to 90 days.

  7. What are small business loans and how do they work? - AOL

    www.aol.com/finance/business-loans-215421282.html

    To get an SBA loan, you apply through an SBA-approved lender. This will require extensive documentation, including personal and business financial statements, a business plan and SBA-specific ...

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