New To You?
Did ya hear the one about the lesser-known SBA loan program?
Q: A business associate told me about a new government-guaranteed loan program available with a fixed rate, and that it was separate from the SBA. Are you aware of a such a program?
A: I wasn't aware of any new government-guaranteed lending programs, but to make sure, I made a few phone calls and checked the SBA Web site (www.sba.gov). As I suspected, I found nothing; however, I think your friend is referring to the lesser-known SBA 504 program.
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