Looking for a SBA loan?

How much are you looking for?
Type of Loan
Credit Recommendations
Loan Amount
Funding Timeline
Repayment Terms
SBA 7(a) loan
690+; good or favorable credit score and history
Up to $5M maximum
As few as 5 days
10 to 25 years
SBA 504 loan
680+; good or favorable credit score and history
Up to $5M and for certain energy projects up to $5.5M
As few as 30 days
10 to 20 years
SBA Microloan
640+, fair credit score and history
Up to $50K
As few as 30 days
3 to 6 years
5-15%
Interest Rate Range
1-25 years
Term
$25K-$5M
Loan Amount
As few as 30 days
Time to Receive Funding
- What are SBA Loan Programs?
A Small Business Administration loan, or SBA loan, is one of the most common and desirable business loans. SBA loans are often used to help start or grow your business, and be used in different ways like for working capital, equipment or machinery purchases, expansions, and even refinancing. The lower interest rates and longer repayment terms that SBA loans provide give younger businesses opportunities for growth and expansion as well as allowing more established businesses to create and foster stronger futures. To note, SBA loans are not given by the Small Business Administration, they work alongside specific lenders to offer their programs which guarantees or insures these loans to alleviate some risk from the lender themselves.
Qualifications
$25,000 – $5,000,000
Loan Amount
- At least 2 years in business
- Credit Score of 680+
- Annual revenue of $350,000

Pros and Cons of a SBA/ Loan Program?
- Longer repayment terms and options
- Multiple loan types to fit your needs
- Government guaranteed
- Stricter requirements
- Longer approval process
- Good to Excellent credit required