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Attorneys should consider SBA disaster loans

Posted by: Greg Enos
September 22, 2008
Topic: 2008: The Latest News

Attorneys whose offices have been damaged by Hurricane Ike should consider SBA disaster loans.  The rates are low as are collateral requirements.  Credit is required and a lot depends on whether the busines can borrow elsewhere (if you can, the loan rate is higher and you must repay within 3 years but you can still get the SBA loan).  More information is at the SBA website.

 

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