SBA Loans Explained

An inside look into the SBA loan process, requirements, and tips for a better chance of approval.

Key Takeaways

• SBA loans are one of the most popular types of loans for small businesses because they typically offer low interest rates, long repayment terms, and various loan programs.

• The biggest downside is that the SBA loan comes with an increased amount of paperwork. And approvals be can be much much slower than other lenders.

• SBA loans were created …