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    or construction, leasehold improvements or renovation of the business and for flooring of the inventory. These loans can also be used as working capital to run the
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    Small business loans, also called micro loans, can be availed to finance a new or an existing project. As the name itself suggests, these loans are meant for small enterprises. The maximum limit of a loan under such schemes is normally around $30,000-$35,000 and below. They can used to start up a new business or for the promotion of a recently established small business.

    Advantages of Small Business Loan

    Small business loans can be utilized to purchase real estate, which can be used as premises for the business and also for the purchase of furniture, machinery, fixtures, and other equipment. They can also be spent for construction, leasehold improvements or renovation of the business and for flooring of the inventory. These loans can also be used as working capital to run the

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    enterprises. The maximum limit of a loan under such schemes is normally around $30,000-$35,000 and below. They can used to start up a new business or for the promotion of a recently established small business.

    Advantages of Small Business Loan

    Small business loans can be utilized to purchase real estate, which can be used as premises for the business and also for the purchase of furniture, machinery, fixtures, and other equipment. They can also be spent for construction, leasehold improvements or renovation of the business and for flooring of the inventory. These loans can also be used as working capital to run the

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    otion of a recently established small business.

    Advantages of Small Business Loan

    Small business loans can be utilized to purchase real estate, which can be used as premises for the business and also for the purchase of furniture, machinery, fixtures, and other equipment. They can also be spent for construction, leasehold improvements or renovation of the business and for flooring of the inventory. These loans can also be used as working capital to run the

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    l estate, which can be used as premises for the business and also for the purchase of furniture, machinery, fixtures, and other equipment. They can also be spent for construction, leasehold improvements or renovation of the business and for flooring of the inventory. These loans can also be used as working capital to run the
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    or construction, leasehold improvements or renovation of the business and for flooring of the inventory. These loans can also be used as working capital to run the enterprise.

    Availability of Small Business Loans

    The US Small Business Administration or the SBA provides funds to non-profit associations of lenders who in turn disburse these loans to the budding small entrepreneurs by giving the credit a local orientation. Small business loans have a shorter term than the big loans, which are generally provided through mortgage and have a loan term spanning up to 30 years. The loan term for small business may be up to 5 or 6 years depending on the discretion of the local lenders. Small business loans too are provided against some kind of collateral and the personal guarantee of

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