SBA Loans
SBA loans offer competitive rates and long repayment terms for established businesses looking to expand, purchase real estate, or refinance debt. Backed by the government.
What is an SBA Loan?
An SBA loan is a small business loan partially guaranteed by the U.S. Small Business Administration and issued by participating lenders, usually banks. Because the government guarantees a portion of the loan, lenders are willing to offer lower down payments, longer repayment terms, and lower interest rates to small businesses that might not otherwise qualify for traditional bank financing.
When running a growing company, having access to reliable capital is essential. The right sba loans can provide the leverage needed to overcome cash flow hurdles, invest in high-ROI opportunities, and scale operations without giving up equity or control of your business.
Key Benefits
Rates, Terms & Timeline
Rates
SBA loan rates are capped by the government and are typically tied to the Prime Rate plus a small margin, making them the most affordable financing option on the market.
Terms
Terms are exceptionally long: up to 10 years for working capital and equipment, and up to 25 years for commercial real estate purchases.
Timeline
Because of the extensive documentation and government involvement, SBA loans typically take 30 to 90 days from application to funding.
How It Compares
SBA loans are the gold standard for rates and terms, far outperforming alternative loans. However, they require extensive paperwork, perfect credit, and take months to fund, whereas alternative term loans or working capital can fund in days with minimal documentation.
Frequently Asked Questions
What is the most popular SBA loan?
The SBA 7(a) loan is the most common, offering flexible use of funds for working capital, expansion, and equipment.
Do I apply directly with the SBA?
No, the SBA does not lend money directly. You apply through an approved lending partner in our network.
Is collateral required for an SBA loan?
Generally, yes. The SBA requires lenders to take available collateral, which may include business assets or a lien on personal real estate.
Qualification Requirements
- Minimum 2+ years in business
- Strong personal credit (typically 680+)
- Profitable tax returns
- No defaults on government debt
- Must meet SBA size standards
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