Financing Solutions

SBA Loans

Long-term financing options partially guaranteed by the government, offering lower rates and longer terms than conventional business loans. Funding from $500 to $5,500,000.

$500 - $5.5M
Available
1 - 30 Years
Flexible Terms
Lower Rates
Government Backed
✓ Fixed monthly payments
✓ Loan terms from 1 to 30 years
✓ Lower rates than conventional business loans
✓ Those with less than perfect credit may qualify
Have Questions?
Speak with a funding advisor to discuss your business funding needs and available options.
Call (800) 679-3386
No obligation. No commitment required.

What Is an SBA Loan

SBA loans are business loans partially guaranteed by the Small Business Administration. Because the government backs a portion of the loan, lenders can offer lower rates and longer repayment terms than conventional financing.

Fixed Monthly Payments
Fixed monthly payments make budgeting straightforward with no surprises over the life of the loan.
Flexible Terms
Loan terms range from 1 year up to 30 years depending on the loan type and purpose.
Lower Rates
SBA loan rates are generally lower than conventional business loans and are often tied to the prime rate with allowable margins set by the SBA.
Government Backed
Because the SBA partially guarantees the loan, lenders can offer more favorable terms to qualifying businesses.
Personal Guarantee Required
SBA loans require a personal guarantee from all business owners with 20% or more equity in the business.
Wide Range of Uses
SBA loans can be used for real estate, equipment, working capital, expansion, and refinancing eligible existing business debt.

What SBA Loans Can Be Used For

SBA loans can support a wide range of business needs. Certain uses are restricted and your lender can explain eligible and ineligible uses in detail.

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Purchasing or renovating commercial real estate
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Buying equipment or machinery
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Funding working capital needs
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Expanding operations or opening new locations
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Refinancing eligible existing business debt
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Hiring and staffing for growth

SBA Loan Eligibility Guidelines

SBA loans follow specific eligibility guidelines designed to protect both lenders and taxpayers. Requirements vary by program and lender.

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Operate as a for-profit business
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Located and operating in the United States
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Meet SBA size standards for your industry
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Demonstrate ability to repay the loan
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Have invested equity in the business
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Have explored other financing options first

Documents Typically Required

Gathering documents in advance can help streamline the SBA loan application process.

1
A valid form of identification
2
Business bank account number and routing number for deposit
3
Last three months of business bank statements
4
Two years of business tax returns
5
Schedule of debts

Common Questions

Have Questions?
Contact us to discuss your business funding needs and available options.
Call (800) 679-3386