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  2. How to get a small business loan when self employed - AOL

    www.aol.com/finance/small-business-loan-self...

    For example, for SBA 7(a) and 504 loans, some lenders require personal credit scores of 650 or higher, at least two years in business and annual revenue of around $200,000.

  3. What are small business loans and how do they work? - AOL

    www.aol.com/finance/business-loans-215421282.html

    Typically, lenders require the collateral used to secure the loan equal to 100 percent of the loan amount. If you take out a secured business loan, the value of your collateral should equal the ...

  4. What is the average small business loan amount? - AOL

    www.aol.com/finance/average-small-business-loan...

    The average small business loan amount is $663,000, according to the Federal Reserve. For fiscal year 2023, the average loan amount for all types of 7 (a) loans from the Small Business ...

  5. Small Business Administration - Wikipedia

    en.wikipedia.org/wiki/Small_Business_Administration

    The SBA provides a government-backed guarantee on part of the loan. Under the Recovery Act and the Small Business Jobs Act, SBA loans were enhanced to provide up to a 90 percent guarantee in order to strengthen access to capital for small businesses after credit froze in 2008. The agency had record lending volumes in late 2010.

  6. SME finance - Wikipedia

    en.wikipedia.org/wiki/SME_finance

    SME finance. SME finance is the funding of small and medium-sized enterprises, and represents a major function of the general business finance market – in which capital for different types of firms are supplied, acquired, and costed or priced. Capital is supplied through the business finance market in the form of bank loans and overdrafts ...

  7. 9 types of business loans - AOL

    www.aol.com/finance/9-types-business-loans...

    Invoice financing. Small to large. Businesses that need fast access to cash and don’t qualify for other types of loans. SBA loan. Small to large. Small businesses that aren’t in immediate need ...

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