The U.S. Small Business Administration was established in 1953 to assist businesses in obtaining financing at terms that were not typically available from ordinary bank lending programs.

Over the years, the program has significantly evolved, and in 2006 the SBA provided over $13 billion in financing.

Today, many businesses prefer SBA financing because it offers:

• Higher LTV Financing (up to 90%)
• Long-term low fixed rates
• Loans to $10 million available
• Streamlined approval and closing process

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