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1. What’s the SBA?
The small company management (SBA), created in 1953, is a completely independent agency regarding the government that was made to help, counsel, help, and protect the passions of small enterprises. The SBA financing system makes it much simpler for Banking institutions along with other finance institutions to provide money to small businesses, while the money lent through the SBA system is partially guaranteed in full by the authorities.
2. Exactly what are the great things about an SBA loan vs. general commercial financing?
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