As a small business owner, you quickly realize how vital capital is. Not only do you need it to start your business, but you also need it to grow your business. While there are many different business financing options, one of the most common is a small business loan.
When comparing loan options, you may want to focus your attention on the U.S. Small Business Administration (SBA). The SBA has programs for qualifying small-business owners that might make securing a loan easier.
The most common of these SBA loan programs is the 7(a). In this article, you’ll find everything you need to know about an SBA 7(a) loan so you can determine whether they’re right for your small business.