Well... there is good news for small businesses as some may benefit from a Small Business Administration loan. During the past several months new government legislation has allowed the SBA to guarantee a higher percentage of loans. These loans originate from a typical lender but are guaranteed by the Small Business Administration.
Althought the higer percentage may only be a temporary fix, there are SBA loans available from a variety of banks .
Consult your local SBA office for more details or look for lenders in your community to see what SBA programs they may be offering
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