![Things to know before applying for a guaranteed business loan](https://cdn.knowledgedesk.net/assets/Ly9jZ.jpg?eurl=Ly9jZG4ua25vd2xlZGdlZGVzay5uZXQvY29udGVudC5nZXRzbWFydGluc2lnaHRzLmNvbS93cC1jb250ZW50L3VwbG9hZHMvMjAyMi8wOS9UaGluZ3N0b2tub3diZWZvcmVhcHBseWluZ2ZvcmFndWFyYW50ZWVkYnVzaW5lc3Nsb2FuLTUwMHgyNTAuanBn)
Things to know before applying for a guaranteed business loan
Taking a small business loan is one of the popular ways to benefit from guaranteed business loans. This type of debt is issued mostly by banks, and other lending partners are backed and vouched for by the Small Business Administration (SBA). It is a federal agency that supports lenders willing to grant these loans at low-interest rates and flexible payment terms.
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