a loan made by a local lender (bank or nonbank) that is, in turn, guaranteed by the Small Business Administration (SBA)
a loan that is Co-Signed by the US Government so that those who cannot get a Business Loan under normal circumstances can get the Loan that they need
an affordable alternative to conventional methods of financing, guaranteed by the U
Loans to small businesses unable to secure financing on reasonable terms through normal lending channels. The program operates through private-sector lenders that provide loans, which are guaranteed by the Small Business Administration (SBA) -- the SBA has no funds for direct lending or grants.