SBA Loans
Get excellent rates and extended terms with loans backed by the Small Business Administration
Features & Benefits
Multiple Loan Options
SBA loans come in a variety of shapes and sizes and they provide a number of different paths for getting the cash you need and how that cash can be used. The most common of these is the SBA 7(a) loan. In addition they also offer microloans and loans meant specifically for real estate.
Excellent Rates & Terms
The SBA does not actually lend business owners money. Instead they back a certain percentage of each loan that is generated through a nationwide network of lenders. This backing absorbs a fair amount of risk for lenders, allowing them to offer great rates and extended terms.
Loans in Every Amount
With multiple types of SBA loans available, businesses can get almost any amount in financing they need. SBA microloans go up to $50,000 while the SBA 7(a) loans can be as high as $5.5 million. And the CDC/504 loans cover large purchases like real estate and machinery.
People also applied for...
Line of Credit
Similar to a personal credit card, a business line of credit provides you with a line of credit that is accessible for you to use at any time. You only pay interest on the portion of the line that you use, and once paid, funds become available for you to use again. This is a great option for businesses who want to stabilize their cash flow or those who are in need of short-term working capital.
Line of Credit
Revenue Based Financing
Revenue Based Financing is an up-front sum of cash that is based on a business’s future sales. Though not technically a loan, this is a great option for businesses that need access to cash quickly. Because this is not a loan, there is no APR or compounded interest associated with this product. Instead, borrowers agree to pay a fixed percentage in addition to the amount provided.
Revenue Based Financing
Equipment Financing
If your business needs new equipment, but you don’t have enough available cash to make the purchase then this is a great option for you. Our equipment financing product allows you to choose between purchasing your new equipment or leasing it with rights to renew. Equipment loans involve regular payments that include both the principal and interest. Equipment leasing is similar to leasing a car where you pay “rent” for use of the equipment over a specified amount of time.
Equipment Financing
Apply now to be considered for all options
APPLY NOWReady to Apply?
If an SBA loan seems like the right fit for you, let’s get you ready to apply. To begin the application, you will need to be able to provide a minimum of your 6 most recent bank statements, last year’s business and personal tax returns, profit and loss statements, business plan and business debt schedule. Additional documentation will likely be required as you move through the underwriting process. If you’re still not sure that an SBA loan is right for you, you can use our financing matching tool or give us a call at (800) 780-7133 to speak with one of our financing specialists.
