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SBA Backed Lender
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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).

More On 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).

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.