SBA Administrator Guzman Opens Application Window for Lenders Filling Gaps in Credit Markets
… 7(a) loans with SBA backing. Leveraging the SBA’s 7(a) loan program, these lending companies use private capital to lend to small businesses with the SBA guaranteeing the loan. This guaranty allows lenders to reach the underserved … expand their businesses, or recover from a declared disaster. It delivers services through an extensive network …