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SBA Loans Could Help Brokerages

Brokers: A new loan program may help you improve your brokerage during the downturn. The U.S. Small Business Administration will guarantee the applicable loans up to 90 percent and eliminate certain fees. The two types of loans most likely to be of interest to you are 7(a) loans and 504 loans. They can be used to obtain working capital and make certain capital expenditures, among other eligible uses.

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