Written by Canterbury Law Group

SBA Disaster Loan Pros and Cons

SBA Disaster Loan Pros and Cons

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According to Divvy, SBA disaster loan pros and cons include:

SBA Disaster Loan Pros

  • Pro: Easy application process
  • Pro: Fast approval
  • Pro: Fast dispursement
  • Pro: Low APR

SBA Disaster Loan Cons

  • Con: May require specified revenue or high credit score
  • Con: Short term lengths
  • Con: Increased repayment frequency
  • Con: Additional fees

Learn more about SBA Disaster Loans

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