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Small business loans can be used for most business purposes:
- The purchase of real estate to house the business
- Construction, renovation or leasehold improvements
- To purchase furniture, fixtures, machinery, or equipment
- For the flooring of inventory and for working capital.
| Capital Type |
Capital Type Definition |
| Micro Loan |
$5,000 to $35,000 small business loans that can be used for any business purpose. |
| SBA Loans |
Loans to small businesses from private-sector lenders (banks, etc.) which are guaranteed by the SBA. The SBA has no funds for direct lending. |
| Franchise Financing |
Specialized financing reserved for the franchisees of recognized, typically nationally known, franchises. |
| Development Financing |
Loans to small businesses with long-term, fixed-rate financing for major fixed assets, such as land and buildings. CDCs work with the SBA and private-sector lenders to provide the financing. |
| Import Export Loans |
Export financing of U.S. goods and services through a variety of loan, guarantee, and insurance programs. (Import-Export Bank Programs) |
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