Securing a bank loan guaranteed by the federal government sounds too good to be true. However, the U.S. Small Business Administration (SBA) does just that for many companies. Ever since the SBA was established in 1953, it’s helped millions of small businesses secure guaranteed loans. The foundation for SBA loans is that commercial banks don’t [...]
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SBA Loans Help Stimulate the U.S. Economy- Hopefully?
March 24th, 2011 
admin President Obama is looking to Small Business Administration (SBA) loans to help stimulate the struggling U.S. economy. Small businesses generate a lot of economic activity throughout the country, and SBA loans can build on that momentum. If you’re a small business owner, help may be coming. Under an initiative from President Obama, alternative small business loans are being made more available through options like SBA programs, and SBA loan approvals are up due to more relaxed lending requirements.
