U.S Small Business Administration commonly known as SBA offers several types of SBA Bank Loans at concessionary terms and conditions for small businesses for starting and expanding a business.

The most common types of SBA loans include the following:

Basic 7(a) Loan Program

7(a) loans are available for eligible borrowers for starting, acquiring and expanding a small business. This type of loan is the most basic and the most used within SBA’s business loan programs. Borrowers must apply through a participating lender institution.

Certified Development Company (CDC) 504 Loan Program

This type provides growing businesses with long-term, fixed-rate financing for major fixed assets, such as land and buildings.

Both these SBA loan programs often require the applicant to submit a business plan in the application process. We have created hundreds of successful SBA Loan Business Plans.  Talk to us to discuss more about your requirement.

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