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Government Guaranteed Loans

Snapshot

Category:LoansNational:6
Regional:8Amounts:$5,000 to $250,000

One of the reasons banks shy away from financing small businesses is the high risk factor. Many small businesses fail, and when that happens, the bank is stuck with a bad loan. But if someone is willing to guarantee the loan, or a substantial part of it, financial institutions are a lot more willing to pony up. It's like having Dad co-sign for that car loan.

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27 March

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"[The] (CFSBF) was crucial to our funding by CBDC and CYBF. It was through the CFSBF site that we were able to apply for ....."
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