SBA Loans can be used to refinance debt, buy an existing business, use as working capital, purchase real estate and much more. SBA loans vary from traditional business loans because the applicant must be in business for at least 2 years, and personal credit must be good. SBA loans tend to have lower interest rates and longer terms than traditional business loans. While they may be a little more difficult to obtain, they are a great option to get the funds you need to grow your business.

 

Business Loan Photo Credit Jim Downs Rein Group Darwin