SBA Preferred Lenders
The standards for qualifying for Small Business Administration (SBA) loans are more flexible than other types of loans. However, lenders still require extensive documentation and time to review an SBA-backed loan request.
Even though the SBA does not loan money directly, when you apply for a SBA-backed loan you are basically asking the SBA to provide a guarantee that you will repay. Unfortunately, this is a time-consuming process for small business owners — and when it comes to business, time is money.
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