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SBA Backed Lender

An SBA backed lender is a bank or other lender that extends loans to small businesses with the principle guaranteed up to 80 percent by the U.S. Small Business Administration (SBA).

An SBA backed lender is a bank or other lender that extends loans to small businesses with the principle guaranteed up to 80 percent by the U.S. Small Business Administration (SBA).

The SBA offers a number of loan programs to encourage lenders to work with small businesses that might otherwise seem like too much of a risk. By backing the principle, the lender’s risk is reduced, and small businesses have improved access to financing.