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Stock impact report

SBA 7(a) loans explained: Benefits, eligibility, and how to apply [Yahoo! Finance]

Comerica Incorporated (CMA) 
Last comerica incorporated earnings: 4/21 06:34 am Check Earnings Report
US:NYSE Investor Relations: investor.comerica.com
Company Research Source: Yahoo! Finance
But when it's time to secure funding, many businesses overlook one of the most flexible tools available, the SBA 7(a) loan. Designed to help businesses access capital on favorable terms, SBA 7(a) loans can cover everything from working capital to real estate. And they're not just limited to new business development; they're built to help even established companies finance business acquisitions, partner buyouts, financing for expansion, equipment or construction. All while preserving liquidity. In this article, Comerica explains how SBA 7(a) loans work, who qualifies and how Comerica, as a National SBA Preferred Lender, helps businesses navigate the process with confidence. For context, in 2024, the SBA supported over 103,000 loans totaling $56 billion. Key takeaways: SBA 7(a) loans offer flexible, long-term financing for acquisitions, expansions, real estate and working capital. 90% of U.S. businesses qualify, making SBA financing far more accessible than many owners expect Show less Read more
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