What is the definition of an SBA commercial loan?

1 Answer

Answer :

SBA means Small Business Administration. Go to sba.gov and it will give the break down of what is involved in an SBA commercial loans. There several categories based on how many employees, what type of business, etc.

Related questions

Description : Does my business qualify to refinance using a sba loan?

Last Answer : Yes usually you can refinance your sba loan but I do not recommend it with the high rates and length of the loans given it can be more of a headache in the long run.

Description : How and where do i go to apply for an sba loan application How high is interest?

Last Answer : In order to apply for a loan with SBA, you should contact your local lender. Lenders can be found on SBA.gov. SBA does not actually set the interest rates, but they do set a maximum amount that can be charged.

Description : Does sba business loan to small company?

Last Answer : The Small Business Association most definitely makes loans to small businesses. The offer many types of loans as well as grants. Grants do not need to be paid back to the grantor. It would be in your best interest to look into grants first, loans second.

Description : What is the purpose of an SBA bank loan?

Last Answer : To learn the purpose of an SBA bank loan contact your local SBA bank and ask about their loans and rates You can also check out their site for more information on SBA bank loans

Description : What do you think of SBA Small Business Administration) and what services available to small business owners from the Small Business Administration.

Last Answer : If you're looking to go into a very established, regulated, and formalized field, it can be a good resource to get a feel for what's expected. I think if you're trying to get into government ... initiative, but for most hands-on business owners I don't think they offer much targeted at that group.

Description : SBA Microloans?

Last Answer : form_title=SBA Microloans form_header=If you need a small short-term loan to get your business on the right track, use a SBA Microloan. What type of business do you own?=_ Why do you want a Microloan?=_ Have ... loans in the past?= () Yes () No When can you repay the SBA Microloan you take out?=_

Description : is there a sba loans for women?

Last Answer : There is an sba for women. There is over 5000 small bank that work with the goverment and help women, wether serving or just living at home. So call today!

Description : Discover Business Loans From The SBA?

Last Answer : New and existing companies often need business loans to help them maintain cash flow while they make capital investments, expand, or prepare for opening day. The US Government has an agency called the Small ... that qualifying for the loans is easier. 7 (a) loans can provide up to $2 million

Description : Why do we allow the Federal Reserve loan money to commercial banks at almost 0% interest, who then loan the tax payers this money at a much higher interest rate?

Last Answer : If you want to learn more about the Federal Reserve system and how it works, start with Wikipedia and then, for fun, consider asking targeted questions of the conspiracy theorists here on Fluther. ... takes something of yours. Interest happens when you choose to pay for the opportunity to borrow.

Description : Can you recommend a good financial institution for a commercial loan?

Last Answer : The market climate isn’t particularly allowing right now. Maybe someone will be able to make a recommendation?

Description : I am looking for a title loan for a commercial truck ?

Last Answer : No you should not a permit if you are using an inflatable pool. As long as you are using it for your personal use and not for a group of kids or something like that.

Description : Can my small business get a commercial loan?

Last Answer : It really all depends on your particular situation. If your credit is good and the loan officer sees that your business is viable, then you should be able to get a commercial loan.

Description : Commercial Loan?

Last Answer : A loan provided to a business by a financial institution such as a bank or a lending company like Lendingkart is known as a commercial loan. It is used to cover capital expenses or operational costs, which the company otherwise wouldn’t be able to afford.

Description : Where can I go to get a commercial truck loan?

Last Answer : Most banks and credit unions will offer commercial vehicle loans. Inquire at your local banking establishment. Typically, credit unions offer the best interest rates.

Description : What types of vehicles qualify for a commercial vehicle loan?

Last Answer : Any vehicle that is going to be used for commercial purposes would qualify for a commercial vehicle loan. You will also have to have commercial insurance on the vehicle.

Description : Bank rate is that rate on which - (1) Any bank lends money to an individual (2) State Bank of India gives loan to the rural banks (3) Central Bank of Country lends money to the commercial banks (4) Rural bank gives loan to cooperative societies

Last Answer : (3) Central Bank of Country lends money to the commercial banks Explanation: Bank rate, also referred to as the discount rate, is the rate of interest which a central bank charges on the loans and ... reserve bank, while the repo rate is the rate at which the banks borrow from the central bank.

Description : Bank rate is that rate on which– (1) Any bank lends money to an individual (2) State Bank of India gives loan to the rural banks (3) Central Bank of Country lends money to the commercial banks (4) Rural bank gives loan to cooperative societies

Last Answer : Central Bank of Country lends money to the commercial banks