The SBA microloan is one of the few affordable small-business loans targeted specifically to startups. New and existing businesses can borrow anywhere from $1,000 to $50,000 to grow their company. Unlike other SBA loans, the microloan program is fully funded by the U.S. Small Business Administration and administered by an intermediary network of nonprofit community-based…
The article SBA Microloans: What Businesses Qualify and How to Apply originally appeared on NerdWallet.