The advantage of small business loans through the SBA (Small Business Administration) is that it reduces risk for private lenders. Option A is the correct answer. The SBA offers a guarantee to private lenders that a portion of the loan will be repaid, reducing the lender's risk and allowing them to provide funding to small businesses that might not otherwise qualify for a loan. However, small business loans through the SBA do need to be paid back and usually require a business plan as part of the application process.