SBA loan terms
1 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Nov 15, 2022 by Ben Carpel · across every show →
Everything said about SBA loan terms, oldest first
Nov 15, 2022 neutral
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.”