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    7 Replies Latest reply on Nov 11, 2008 12:46 PM by Totalbody

    SBA Loan Problems

    lisashana Newbie
      I have been trying to get an SBA loan for a couple months and have been getting turned down because of lack of collateral. The business I am opening is a franchise personal training business and fitness equipment is not considered an asset. There is not much equity in my home especially now because appraisals are coming in very low. I do not have any experience in getting small business loans and would appreciate any advice.