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Registered
Join Date: Jan 2003
Location: Seattle--->ShangHai
Posts: 2,837
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SBA loans are regular bank loans that are "backed" by the SBA, you are still the primary on the loan, the SBA simply reduces risk for the lending bank if you default. Your business still needs to qualify and the owner(s) have to personally gurantee to loan, in most cases.
alf
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88 Carrera Coupe
Pelican Since 2002
All Zing, No Bling. ok, maybe a little bling.
The Roach
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