I've heard about SBA loans, but I don't really know anything about them. How would I know if I could qualify for an SBA loan? What would the benefits be of that type of loan, compared to a regular business loan? Do all banks make SBA loans?
The U.S. Small Business Administration maintains an online answer desk, as well as a toll-free number (1-800-UASK-SBA). To be eligible for an SBA loan, a business must be operated for profit and not exceed SBA's size standards. There are some financial institutions who are SBA lending specialists, and they typically will advertise that fact. Look in your local phone book ads and newspaper's business section. Start with the SBA Answer Desk Web site and go through the most frequently asked questions to get a baseline of knowledge.
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The U.S. Small Business Administration maintains an online answer desk, as well as a toll-free number (1-800-UASK-SBA). To be eligible for an SBA loan, a business must be operated for profit and not exceed SBA's size standards. There are some financial institutions who are SBA lending specialists, and they typically will advertise that fact. Look in your local phone book ads and newspaper's business section. Start with the 