SBA Small Business Loans and How They Can Be Used
By [http://ezinearticles.com/?expert=Bob_D._Foster]Bob D. Foster Small Business Administration (SBA) business loans come in several sizes and forms. Of course, the SBA does not actually "loan" the money, they only "guarantee" loans made through banks and other financial institutions. However, depending on the size of your business and the stage your business development is in, one of the SBA business loan programs may work for you. The first thing you need to determine is whether or not the SBA considers your business a "small business". It is generally thought that the standard of 500 or fewer employees comprises a "small business." However, that is not always the case. The SBA has definitions for small businesses that run from a maximum of 100 employees to 1,500 employees...and from a maximum of $0.75 million in annual revenue, to $27.0 million in annual revenue. So, your first job is to determine if your business is really considered a...
