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Global
- Report
- October 2022
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Global
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Global
The Small Business Administration (SBA) Loan market is a segment of the credit and loan industry that provides financing to small businesses. These loans are typically used to help businesses start up, expand, or purchase equipment. The SBA works with lenders to provide loans with lower interest rates and longer repayment terms than traditional loans. The SBA also provides loan guarantees to lenders, which reduces the risk of default and encourages lenders to provide financing to small businesses.
The SBA Loan market is an important source of financing for small businesses, as it provides access to capital that may not be available through traditional lenders. This type of financing can help businesses grow and create jobs, which can have a positive impact on the economy.
Some companies in the SBA Loan market include Kabbage, OnDeck, Fundbox, and Lendio. Show Less Read more