Facts About The Small Business Administration (SBA)

Facts About The Small Business Administration (SBA)

SBA loan guarantees allow buyers to arrange loans from banks, credit unions and other lending institutions, with SBA guaranteeing 75% to 90% of the loan, making the loan easier for the lending institution to make the loan.

SBA loan guarantees are available to small business buyers for purposes such as:

The acquisition of operating business assets and good will
To purchase inventory, furniture, fixtures, equipment, leasehold improvements.
To purchase business real estate
To finance accounts receivable
To finance seasonal lines of credit
To construct business real estate
To fund start ups
To fund the acquisition of franchise business opportunities.

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