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Small Business and SBA Lending Blog

Content tagged with: SBA 7(a) Loan Assumability

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Aug 26, 2022

Are SBA 7(a) Loans Assumable?

Fortunately for borrowers, SBA loans, including the SBA 7(a) loan , are fully assumable with SBA approval. However, if you’re selling your business, getting approval from the SBA for another borrower to assume your loan can be somewhat complex. In particular, the SBA will look to ensure that the ne

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