SBA Express Loans Glossary of Terms: loan
What Is an SBA 7(a) Loan?
An SBA 7(a) loan is the loan program guaranteed by the Small Business Administration for loans of up to $5,000,000 for any small busness.
What Is a Certified Development Company?
A CDC is a nonprofit entity that works with the SBA and third-party lenders in order to promote economic growth within its area of operation.
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