Sentences with phrase «administration guarantees a portion»

Which is why an SBA loan is a preferred business loan from a bank where the Small Business Administration guarantees a portion of the debt should the borrower default.

Loans from those programs do not come from the SBA directly; rather, the Administration guarantees a portion of each loan made by nonprofit and community partners across the country.

Not exact matches

Veterans Administration: The government agency that offers benefits to Military Veterans and in the case of home loans, offers a guarantee that a portion of the loan will be repaid if the borrower defaults.

A portion of variable annuity fees are charges related to these guarantees, which are automatically included as part of the annuity's mortality and expense charge and administration fees that appear in the product prospectus.

One of the primary differences between Small Business Administration financing and a traditional bank loan is that the SBA will guarantee a portion of the repayment.