DO SBA 7(A) LOANS REQUIRE COLLATERAL?

DO SBA 7(A) LOANS REQUIRE COLLATERAL?

When you’re looking to take an SBA 7(A) loan, your lender will most likely try to secure the loan if you have enough collateral. For that reason, you should be ready to offer up your personal assets as collateral when trying to obtain an SBA 7(A) loan. If, however,...