SBA Loan Terms
topic on 1 show · 1 statements across 1 episodes
1 statements about SBA Loan Terms, every show
Carpel: SBA loans offer ~7% interest and 10-year terms but require personal guarantees
“Right now, it's, it tends to be seven percent or so, which is not bad for small businesses. Very flexible terms in terms of repayment, and often you can have 10 years to pay back SBA. Lots of paperwork, and as you just said, personal guarantee.”