Keyword Analysis & Research: business loans for new business

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Frequently Asked Questions

How do you finance a new business?

Businesses need financing for start-up costs or to fund expansions. Depending on your business, you have several options for raising the necessary capital. In addition to using your savings, the most common methods of financing are debt financing by obtaining a loan and equity financing by selling shares in your business.

What is the best interest rate for a business loan?

The Small Business Administration (SBA) sets the maximum interest rates that banks can charge on 7A loans. The current maximum interest rate ranges from 7.50% – 10.00%, depending on the size of the loan and the amount being borrowed.

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