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Question:   Are business loans available for business start-ups?

Answer:   Yes. Commercial banks and the U. S. Small Business Administration provide debt equity for the business start-ups and acquisitions, but is not easy. Business start-ups normally have to meet more stringent criteria, must have a unique and promising product or service for the market, and have solid potential for success. Because start-ups do not have a historical track record in business performance, a business plan is an integral part of the loan proposal. The plan must be thorough, cover the risk involved, and must convince the lender that the business proposition is a good investment.

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