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Bank of Texas is a SBA Preferred Lender, which means easier applications and quicker approvals for your business. sba loans are made and administered by Bank of Texas and the SBA guarantees a portion of each loan.
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· Qualifying for a traditional bank loan is tough. Luckily, the small business administration has lending programs that make it easier for startups and small businesses to qualify for low-interest, long-term loans. Because the SBA guarantees a portion of loans distributed through its programs, lenders feel more confident in lending to small business owners, even those with less-than-perfect.
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If they didn’t, and the borrowers defaulted, they would soon go out of business. However, with the advent of the digital.
Explore our small business financing options and find out how to use small business loans and credit to finance your business needs. Get more information about funding your business with a term loan, SBA loan, secured and unsecured lines of credit and more from Bank of America.
Texas SBA is the most popular resource for small business owners and other officials to better understand the economic marketplace of Texas and gain access the business community. Register your company or government agency for Texas Small Business Association Membership. Small Business Facts