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Types of Loan products for Laundromats SBA Loans: 7(a) Bank loan Program: This is certainly a popular alternative for small company owners, providing up to $5 trillion for various expenses, including equipment purchase and working capital. The SBA guarantees a part of the loan, reducing the particular lender's risk. CDC/504 Loan Program: Excellent for purchasing business real estate or even large equipment. That typically covers 40% of the cost, with the particular borrower writing 10% and a loan provider financing the remaining 50%. Traditional Lender L
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