Is Collateral Required To Qualify For An SBA Guaranteed Loan?


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The answer to this question is yes and no. The reason why it isn’t black and white is because it largely depends on a few variables. So let me bring some clarity to this question. If you are requesting a working capital loan less than $350,000 then it’s likely tangible personal or real property, or in other words collateral, is not required. However, when the loan amount is higher than $350,000 then collateral is required. The actual amount of collateral varies and is determined by the requested loan amount, the amount of collateral available and purpose of the loan. If you would like more information or to get the application process started today, please visit The ThinkFast Podcast is hosted by Ryan Smith, Principal Broker and Founder of ThinkSBA.

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