Small Business Administration Loans Available
The Small Business Administration (SBA) is a federal agency created to promote and nurture the emergence of new business. As an applicant, Carolina Bank can work with the SBA to split the risk of your loan, guaranteeing a percentage of the loan amount with the government. These partially guaranteed loans can provide certain leeway in payments and term limits, which is advantageous to a tight budget. Carolina Bank would remain the sole lender, and any loan related decisions would be ruled on from within this financial institution. Special criteria must be met in order to qualify. Talk to your local Carolina Bank branch today about SBA Loans, or press the button below and contact our loan department.
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