📌 Are all SBA loans the same? Why does it matter what bank to apply with if its an SBA loan?
September 11, 2024
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Alex McAloon, CEO of Fastway SBA, answers one of the most frequently asked questions - "Are all SBA loans the same? Why does it matter what bank to apply with if its an SBA loan?"

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Transcript: 

The SBA provides a set of guidelines to banks, which then interpret these guidelines in their own ways. We work with dozens of lenders, each with their own interpretation. For example, when it comes to profitability, some lenders require you to show a profit, while others may review your tax returns or accept losses.

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