SBAC Connects offers small-business loans of up to $10,000, which are partially funded by crowdfunding. How it works is multiple SBAC members each pitch in a small part of the loan principal which together allow you to borrow the full amount requested. Borrowers indicate the amount of money they want to borrow and the maximum interest rate they are willing to pay. Members then compete for the right to lend money by indicating the interest rate they want to receive. The most competitive bidders (meaning those requesting the lowest rate) win.
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