Local bank offered $250k on a 3.8% APR. SBA offered $110k on 8% APR. bank loans aren’t that bad in a low interest rate environment.. SBA has a much more flexi

Local bank offered $250k on a 3.8% APR. SBA offered $110k on 8% APR. bank loans aren’t that bad in a low interest rate environment.. SBA has a much more flexible repayment plan tho Plus once you’re in profit, your loan frees up capital for growth.