SBA Loans
Sometimes, small businesses need a boost and the Small Business Administration was formed to do just that. Both short-term and long-term SBA loans exist and can be used for real estate, equipment, and working capital.
SBA Loans
Overview
SBA loans provide government-backed financing that helps small businesses access capital with competitive terms and longer repayment schedules. These loans are designed to support companies that may not qualify for traditional financing, giving them a chance to secure funds for growth and stability. With lower down payments and capped interest rates, SBA programs are often a flexible option for businesses looking to expand, purchase assets, or strengthen cash flow.
Business Expansion
Fund new locations, larger facilities, or added capacity for growth.
Equipment & Assets
Purchase machinery, vehicles, or technology with manageable terms.
Working Capital
Cover day-to-day expenses and keep operations running smoothly.
Real Estate
Finance the purchase or improvement of commercial property.
KEY FEATURES AT A GLANCE
Loan Highlights
Approval Boost
Women-owned and minority-owned businesses have an approval advantage.
Loan Caps
Both SBA loans are capped at $5 million.
Net Worth Limit
These loans are only for for-profit businesses whose net worth is $15 million or less.
Excluded Types
Certain business types are excluded, like religious organizations, banks, and casinos.
150+
Lenders in our network
$500M
In available funds
24H
Fastest close
BENEFITS THAT ADD VALUE
Pros
High Coverage
Financing can be up to 90% of the project cost.
Fixed Rates
SBA 504 loans have fixed interest rates and don’t require collateral.
Broad Use
SBA 7(a) loans can be used for multiple purposes.
No Balloon
Neither loan type requires a balloon payment.
FACTORS TO CONSIDER CAREFULLY
Cons
Felony Restriction
No major stakeholders in the business can be on parole or convicted of a felony.
Last Option
SBA loans are designed to be the last financing option, not the first.
Credit Requirement
A business must have a good credit history to qualify.
Complex Process
The loan application process can be complicated.