Small Business Friday Fact: Small-business owners received $87 million in SBA microloans in fiscal year 2023, and $43.5 million of those loan dollars went to Black- and Latino-owned businesses. For more microloan information please visit https://lnkd.in/gqvs_uG #sba #smallbusiness #blackbusiness #latinobusiness #microloans Laketa L. Henderson
SBA Michigan District Office’s Post
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Launching or growing a business often requires substantial capital, but securing traditional financing can be challenging. That's where SBA loans come in – government-backed financing options designed to support small business growth. With SBA loans, you can enjoy better interest rates, flexible repayment terms, and more attractive deals, making it easier to turn your dreams into reality. Ready to unlock your business's potential? Comment "SBA" below to learn more about SBA loans and see if this funding option is right for you! #SBALoan #EntrepreneurLife #FundingYourDreams #BusinessSuccess #BusinessGrowth #SBA #Success
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🛣️🏆 SBA loans offer favorable rates and flexible terms for businesses with a vision. Whether you’re a startup or an established enterprise, find out how to meet the SBA loan criteria and fuel your business journey. 👉 https://lnkd.in/gRW7aHUD #sba #sbaloan #businessfunding #success #businessgrowth
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Helping you grow your business and grow your community by positioning your business to obtain either grants, investments, partnerships or your ideal financing!
Think you know which businesses can get an SBA loan? Think again! Some of the most unexpected businesses are actually ineligible. Are you surprised by these? 3 Surprising Businesses That Can't Get SBA Loans – Know Before You Apply! To find out how to get funding without a personal guarantee, go to https://lnkd.in/gv9ccdgb #BusinessLoans #SmallBusinessTips #SBALoans #EntrepreneurLife #BusinessFinance
3 Surprising Businesses That Can't Get SBA Loans – Know Before You Apply!
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Whether you’re a start-up seeking working capital, or you're looking to grow your small business, having an initial injection of funds will enable you to turn your ideas into reality! However, for many entrepreneurs, small business loans are increasingly hard to come by and, are often rejected outright. So what can new SMEs do? This guide from ‘Small Business’ explains more 👉https://buff.ly/3OwL37T #SME #SmallBusiness #BusinessFunding
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𝐓𝐡𝐞 𝐒𝐁𝐀 𝐃𝐨𝐞𝐬𝐧'𝐭 𝐋𝐞𝐧𝐝 𝐌𝐨𝐧𝐞𝐲 𝐭𝐨 𝐒𝐦𝐚𝐥𝐥 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬𝐞𝐬! Most people have heard the term "SBA loan," but did you know that the SBA does not actually make loans directly to small businesses? Instead, the SBA provides a guarantee to, and sets guidelines for, loans made by banks, and microlending institutions. 𝐇𝐨𝐰 𝐃𝐨𝐞𝐬 𝐈𝐭 𝐖𝐨𝐫𝐤? The SBA guarantee acts as a safety net for lenders. This means that lenders can offer loans to small businesses they might have otherwise turned away due to perceived risk. The SBA guarantee makes it possible for more small businesses to access the funds they need to grow. Have questions about SBA loans or need help securing financing for your small business? feel free to send me a dm. #SBALoans #SmallBusiness #BusinessFinance
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Achieve Your Long-Term Goals with SBA Loans! Planning a significant long-term project for your business? SBA Loans from The Tourmaline Group could be the ideal solution! 🏢💼 With competitive rates and extended terms, SBA Loans provide the financial support you need to turn your ambitious plans into reality. Whether it’s expanding your operations, purchasing new equipment, or launching a major initiative, we’ve got you covered. - Competitive interest rates - Extended repayment terms - Ideal for substantial investments Ready to make your big projects happen? Discover how SBA Loans can help you achieve your business goals. Visit our website and schedule your FREE Funding Planning Session today! Let's build the future together. 🌟 #TourmalineGroup #SBALoans #BusinessGrowth #LongTermProjects #FundingSolutions #SmallBusiness #BusinessExpansion #Entrepreneurship #Finance
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Need a little extra funding to get started or take your business to the next level? SBA Loans offer 𝗮𝗳𝗳𝗼𝗿𝗱𝗮𝗯𝗹𝗲 𝗿𝗮𝘁𝗲𝘀 and 𝗳𝗹𝗲𝘅𝗶𝗯𝗹𝗲 𝘁𝗲𝗿𝗺𝘀 to give you the support you need to grow. Whether you’re launching a new venture or expanding an existing one, the right funding can make all the difference! Let’s talk about how an SBA Loan can help you achieve your goals. Your business dreams are within reach! #SmallBiz #SBA #BusinessGrowth #EntrepreneurGoals #BizFunding #DreamBig
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Ever wondered what defines a small business eligible for the SBA 504 loan? 🧐 It's all about tangible net worth and average net income! 💼 ✨ Tangible net worth must be 🔽 less than $20 million. ✨Average net income over the past two years must be 🔽 less than $6.5 million. 📊 💰 This increase will expand the 504 loan program to more businesses. If your business fits these criteria, you could be on your way to accessing affordable financing for growth and expansion. 🌱💼 #SmallBusiness #SBA504 #Finance #its504somewhere #smallbusinessowner #commercialrealestate
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Unlock the Door to Business Growth with SBA Loans 🔑🚀 Don’t let funding hurdles hold you back. With an SBA loan, you can secure the capital you need for expansion, equipment, and more. Discover the key requirements and get ahead of the competition today! 👉 https://lnkd.in/gSnDQR_Y #businessfunding #businessgrowth #sba #sbaloans #success #entreprenuers
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🌟 Happy Monday, everyone! 🌟 Are you a small business owner looking to take your enterprise to the next level? 💼💡 Consider exploring the incredible opportunities provided by SBA loans! 🚀 The Small Business Administration (SBA) offers various loan programs designed to support businesses like yours with affordable financing solutions. Whether you're looking to expand your operations, purchase equipment, or even refinance existing debt, SBA loans could be the perfect fit for your needs. Here’s why SBA loans might be right for you: ✅ Lower down payments and longer repayment terms compared to conventional loans. ✅ Competitive interest rates to keep your costs manageable. ✅ Flexible use of funds to meet diverse business needs. Navigating the world of small business financing can be daunting, but the SBA is here to help make it easier. Their loans are backed by the government, which means lenders are often more willing to work with businesses that might not qualify for traditional financing. Ready to learn more? 💪Lets connect discuss how Promise Land Capital could empower your business growth. Together, we can empower each other to succeed in our entrepreneurial journeys. 🌟 #SmallBusiness #SBALoans #Entrepreneurship #BusinessGrowth #MondayMotivation #SBALoans #EntrepreneurLife #VirginiaVibes #SmallBusinessLoan #SmallBusinessLoans #SBALoans #SBA504 #BusinessLoans #Funding #SmallBusinessLending
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