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[QUOTE=shikha;562685]Many financing products get marketed as a small business loan for minorities.

One of the most affordable financing options for a minority owned business is an SBA loan.

Three best loans for minority owned businesses are:
SBA Loans
CDFI Loan
Traditional Bank Loan

[B]SBA Loans for Minority Owned Businesses:[/B]
SBA 7a Loans	
Loan Amounts					$30,000 - $5,000,000
Annual Gross Revenue Requirements	$120,000+
Credit Score					680+
Time in Business Requirement		2+ Years
Funding Time					3+ weeks
Average APR Range				6.1% - 9.21%
Payback Time Period				10 Years for Working Capital
						25 Years for Commercial Real Estate

[B]Benefits of SBA Loans for Minorities:[/B]
Lowest Cost
Low Collateral
Long Repayment Terms

CDFI Small Business Loans for Minorities:
Examples of Common CDFI Small Business Loans:

Microloans		Alternative Loans		Commercial Real 
										Estate Loans	
Loan Amounts		Up to $50,000		Up To $100,000	$250,000 - $10,000,000
									$10,000,000
Loan Terms		Up to 6 Years		Up to 5 years			Up to 30 Years
APR			8% - 13%		13% - 23%			6% - 9%[/QUOTE]

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5th March 2018 01:00 PM
shikha	Re: sba small business loans for minorities Many financing products get marketed as a small business loan for minorities. One of the most affordable financing options for a minority owned business is an SBA loan. Three best loans for minority owned businesses are: SBA Loans CDFI Loan Traditional Bank Loan SBA Loans for Minority Owned Businesses: SBA 7a Loans Loan Amounts $30,000 - $5,000,000 Annual Gross Revenue Requirements $120,000+ Credit Score 680+ Time in Business Requirement 2+ Years Funding Time 3+ weeks Average APR Range 6.1% - 9.21% Payback Time Period 10 Years for Working Capital 25 Years for Commercial Real Estate Benefits of SBA Loans for Minorities: Lowest Cost Low Collateral Long Repayment Terms CDFI Small Business Loans for Minorities: Examples of Common CDFI Small Business Loans: Microloans Alternative Loans Commercial Real Estate Loans Loan Amounts Up to $50,000 Up To $100,000 $250,000 - $10,000,000 $10,000,000 Loan Terms Up to 6 Years Up to 5 years Up to 30 Years APR 8% - 13% 13% - 23% 6% - 9%
5th March 2018 01:00 PM
Unregistered	Re: sba small business loans for minorities Someone is here who will provide information about Small Business (SBA) Loans for Minorities? Tell me about best Small Business (SBA) Loans for Minorities also.
12th November 2016 02:10 PM
payal	SBA Small Business Loans for Minorities Discuss about sba small business loans for minorities here. Welcome to MBA.ind.in and this page is for sba small business loans for minorities discussion. If you are looking for sba small business loans for minorities then ask your question is as much details as possible in the “Quick Reply” box provided below. The more detailed your question will be, the more easy will it be for our experts to answers your query. And if you have any information on sba small business loans for minorities, then please share you knowledge with our viewers in the “Quick Reply” box. You knowledge can help many people. Thanks for stopping by at MBA.ind.in. Please visit again.

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