Business Loans
small business owners looking at secured vs unsecured loans

Secured vs. Unsecured Loans

When small business owners look to borrow money, they often encounter two primary types of loans: secured and unsecured. Understanding the differences between these two

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To qualify for an SBA 7(a) small business loan, your business must be:

  1. U.S.-based and operated
  2. Owner supported / owner funded
  3. Eligible per the SBA’s requirements

Your loan amount will determined by the business’ average annual revenue, FICO score, and years in business