The loans are from banks but the SBA guarantees payment to the bank. Under the EWCP, the SBA can guaranty up to 75% of a secured loan (80% on loans $100,00 or less) or $750,000 whichever is less. Loan maturities… Continue reading
Loan offers long-term funds to small businesses engaged or are preparing to engage in international trade, as well as those businesses adversely affected by import competition. The loans are from banks but the SBA guarantees payment to the bank. The… Continue reading