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If you need funds to purchase or expand a business and have not had any luck
getting a loan approved by your local bank, applying for a Small Business
Administration (SBA) loan guarantee may help.
The SBA helps small
businesses grow by providing a guaranty for a portion of the loan that a lender
makes to your small business. This means that if you default on repaying the
loan, the lender does not absorb the entire loss.
There is a lot of
paperwork involved in applying for any loan. This is true with SBA/bank
financing. The SBA has a list