SBA LOANS

What is an SBA Loan?

SBA loan is a government-backed small business loan issued by approved lenders and partially guaranteed by the U.S. Small Business Administration. This guarantee reduces the lender’s risk, making it easier for small business owners to qualify for funding with competitive interest rates and longer repayment terms. 

Types of SBA Loans We Offer

• SBA 7(a) Loan – Ideal for working capital, equipment, business expansion, or purchasing real estate. Loan amounts up to $5 million with terms up to 25 years.
• SBA 504 Loan – Perfect for purchasing or improving fixed assets like commercial real estate or major equipment.
• SBA Express – Smaller loans (up to $350,000) for startups and growing businesses needing quick funding

 

Benefits of an SBA Loan 

• Longer repayment terms (up to 25 years for real estate
• Lower down payments (often as little as 10%
• Flexible use of funds for working capital, equipment, inventory, or propert
• Easier qualification due to SBA guarantee  

Who Qualifies for an SBA Loan?

• Your business operates for profit in the U.S.
• You are US Citizen or Permanent Citizen
• You have been in business for at least 2 years (startups may also qualify for some programs)
• You have a good personal and business credit history
• Your business is owner occupied

 

How Can We Help You ?

Applying for an SBA loan can be complex, but we make it simple:

Assess Your Needs – We help determine the right SBA loan type for your business.

Prepare Your Application – Guidance on gathering financials, business plans, and required documents.

Match with the Right Lender – We connect you with SBA-approved lenders most likely to approve your loan.

Streamline the Process – Our technology and team ensure your application moves quickly from submission to funding. 

Common Business Financing Questions

• What Is a SBA Loan?

  An SBA (Small Business Administration) loan is a government-backed financing option designed to help small businesses access the capital they need. These loans can be used for a variety of purposes, including:

  • Launching a new business
  • Expanding operations
  • Purchasing real estate
  • Securing working capital
  • Restructuring existing debt
  • Managing seasonal cash flow
  • Financing exports
  • Refinancing business loans

  SBA loans offer flexible terms and competitive rates, making them a great choice for growing businesses.

• Who is Eligible for an SBA Loan ?

  To qualify for an SBA (Small Business Administration) loan, businesses must meet the following criteria:

  • Operate as a Small Business – Must meet the SBA’s size standards based on industry.
  • Be a For-Profit Business – Nonprofits are not eligible.
  • Operate in the U.S. – The business must be physically located and operate within the U.S. or its territories.
  • Demonstrate Ability to Repay – Must show strong financials and the ability to repay the loan.
  • Use Funds for Eligible Purposes – Loans must be used for approved business expenses, such as working capital, real estate, equipment, or debt refinancing.
  • Meet Credit & Lending Requirements – A good credit history and sufficient collateral (if required) may be needed.

• What Are the Benefits of SBA Loans?

  Small Business Administration (SBA) loans offer numerous advantages, making them a great financing option for small businesses.

  • Longer Repayment Terms – SBA loans provide extended repayment periods compared to traditional bank loans.Equipment, working capital, and inventory loans can have terms of up to 10 years. Real estate loans can have repayment terms of up to 25 years.
  • Flexible Requirements – They have relaxed credit requirements and lower down payment options.
  • Additional Benefits – SBA Loans can be used to buy a existing business, start a new business or expand an existing one.

• What are the drawbacks of SBA Loans ?

   

  • Lengthy Approval Process – SBA loans require extensive paperwork and can take weeks or months to process.
  • Interest Rates – SBA loan rates may be less competitive than traditional bank loans. Since they are tied to the WSJ Prime Rate, they increase when the prime rate rises.
  • Collateral May Be Required – Many SBA loans require business or personal assets as collateral, making it harder for startups and businesses with limited assets to qualify.
  • Use Restrictions – SBA loans can only be used for approved business purposes, which may limit flexibility.
  • Potential Fees & Costs – Some SBA loans come with origination fees, guarantee fees, and prepayment penalties that add to borrowing costs.

  Despite these challenges, SBA loans remain a great option for many small businesses.

• What industries do you serve ?

  We are industry-agnostic and provide loans to businesses across various sectors, including:

  • Healthcare – Medical practices, dental clinics, and home healthcare services.
  • Retail & E-Commerce – Brick-and-mortar stores and online businesses.
  • Hospitality & Restaurants – Hotels, motels, cafés, and food trucks.
  • Construction & Real Estate – Contractors, property managers, and realtors.
  • Transportation & Logistics – Trucking, delivery, and freight businesses.
  • Professional & Technology Services – Law firms, IT services, and consulting firms.
  • Education & Childcare – Private schools, tutoring centers, and daycare facilities.
  • Franchises & Manufacturing – New and existing franchises, factories, and wholesale distributors.

  No matter your industry, we can help you secure the funding you need.

• What Can Disqualify You from an SBA Loan?

  • Poor Credit – Low credit scores, bankruptcies, or defaults.
  • Ineligible Business – Gambling, speculative investments, or illegal activities.
  • Weak Cash Flow – Inability to show loan repayment capability.
  • High Debt – Excessive outstanding loans or liabilities.
  • Collateral Issues – Some loans require assets as security.
  • Criminal Record – Fraud or financial crime convictions.
  • Not Meeting SBA Size Standards – Must qualify as a small business per SBA guidelines.
  • Unpaid Federal Debt – Delinquent taxes or government loans.

  Not sure if you qualify? Contact us today! 

• What are my Options If I don’t Qualify for an SBA Loan ?

  If you don’t meet SBA loan requirements, we can help you explore these financing options:

  • Traditional Bank Loans – Ideal for businesses with strong credit and financials.
  • Business Line of Credit – Flexible access to funds as needed.
  • Equipment Financing – Loans to purchase or lease business equipment.
  • Invoice Factoring – Convert unpaid invoices into immediate cash flow.
  • Merchant Cash Advances – Get upfront funding based on future sales.
  • Micro loans – Small loans from nonprofit organizations for startups and small businesses.
  • Alternative Lenders – Private lenders offering flexible loan terms and faster approvals.

  We can help you find the right funding solution!