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Most 7(a) loans have a maximum loan amount of $5 million. However, SBA Express loans have a maximum loan amount of $350,000. SBA Export Express loans have a maximum loan amount …
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Dec 20, 2021 · SBA CAPLines Program Requirements. At least one year time in business for a working capital line of credit. Must be a builder to qualify for a builder’s line of credit. Must …
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The requirements of eligibility for the 7 (a) loan program are based on specific aspects of the business and its principals. As such, the key factors of eligibility are based on what the …
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To be eligible 7(a) loan assistance, businesses must: Operate for profit ; Be considered a small business, as defined by SBA ; Be engaged in, or propose to do business in, the United States …
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Normally, businesses must meet SBA size standards, be able to repay, and have a sound business purpose. Even those with bad credit may qualify for startup funding. The lender will provide you …
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Other general eligibility standards include falling within SBA size guidelines, having qualified management expertise, a feasible business plan, good character and the ability to repay the …
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