Funding Sources for Small Business | Loans | SBA | Banks
If you have a relationship with a bank in your community, ask your banker if they are an SBA authorized lender. If so, your banker should be able to discuss the SBA loan options available to you and assist with the loan process. Small businesses are also advised to ask your current bank if they are able to offer immediate bridge loan assistance or defer existing loan payments.
First Guaranty Bank | Offering $50,000 Unsecured loans, 3.50% Fixed APR* for up to 5 Years, No Origination/Documentation Fees | Offered to Current Customers.
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SBA | Small Business Administration
Please note that the SBA recommendations on time of day to apply and browser preference. The SBA issued the official disaster declaration for Louisiana small businesses to address revenue losses related to COVID-19. Low-interest loans with long-term repayment programs are available up to $2 million. 3.75% interest. SBA staff advise the process will take approximately 30-45 days to begin receiving funds and are encouraging applications immediately. Apply HERE