Myths About SBA Loans

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Myth: It takes four to six months to get a SBA loan processed.
Myth: SBA provides no assistance in helping a business get federal contracts from the government. Myth: A business person can get cheaper interest rates for a business loan from SBA. Myth: Small loans are not available through SBA.
Myth: SBA has no specialized programs to assist minority persons.
Myth: There are few SBA loan programs.
Myth: SBA has no programs to assist veterans. Myth: SBA has grants to start or expand a small business. Myth: Contractors receive no assistance from SBA.

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