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Fundamentals Of SBA Loans

FirstConvenienceBank
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Fundamentals Of SBA Loans

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  1. Fundamentals Of SBA Loans SBA loans are guaranteed by Small Business Administration. The loan program allows businesses to borrow money for working capital, purchasing inventory, refinancing, buying real estate and other business needs.  SBA is not the loan provider, instead the organization works with financial institutions to support &  administer the loan. For applying, business owners have to provide personal  financial statement, business plan, ITRs, bank statements, etc. Borrowers can benefit from large loan amounts and are entitled to long & competitive loan terms. These loans can be used for opening a new business, buying an existing business, refinancing business debt, etc. The eligibility criteria is based on specific business operations, age of business, character of ownership, profits  etc. First Convenience Bank www.1stnb.com Banking services are extended throughout Texas, New Mexico & Arizona All loans and collateral subject to approval First National Bank Texas | NMLS #402924 | Member FDIC | Equal Housing Lender

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