Posts tagged SBA 7(a) Loans for Minorities
Are There SBA 7(a) Loan Programs for Minorities?

Right now, there are more than 11 million minority-owned businesses across the U.S.— and that number is growing rapidly each year. While there are no SBA 7(a) loan programs specifically for minorities, the SBA 8(a) Business Development program is designed to favor minority-owned businesses. Plus, other loans, like SBA Community Advantage loans, can also be a great choice for minority entrepreneurs. In this easy-to-read article, we’ll review some of the best loan choices for minority business owners by looking at their strengths, weaknesses, and how borrowers can get approved.

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