Small Business Financing: Understanding SBA-Backed Loans

By | March 7th, 2013|

There’s a misconception that many small business owners have about loans made through the U.S. Small Business Administration (SBA). They think that the government hands out money to struggling small businesses. It doesn’t. In fact, the SBA guarantees loans to small and mid-sized companies. Banks and other lending institutions make the loans themselves. SBA-backed loans [...]