How much of a down payment will be needed?

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The exact amount of down payment depends on the type of SBA loan you are looking for and the lender that is reviewing the request.  For SBA 7(a) loans, a down payment is typically in the 10 percent range. In some cases, the SBA may require the borrower to provide a slightly higher down payment or in some cases it could be less.  New businesses usually require more of a down payment then existing businesses.

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