SBA 7(a) Loans
START OR EXPAND YOUR BUSINESS WITH A LOAN GUARANTEED BY THE SMALL BUSINESS ADMINISTRATION.
APPLY WITH AN SBA LENDER AND GET FUNDED.
The SBA works with lenders to provide loans to small businesses. The agency doesn’t lend money directly to small business owners. Instead, it sets guidelines for loans made by its partnering lenders, community development organizations, and micro-lending institutions. The SBA reduces risk for lenders and makes it easier for them to access capital. That makes it easier for small businesses to get loans. The Small Business Administration will guarantee 75-80% on the business’ behalf.
Loan Programs
SBA 7(a)
Loan Amount
Up to $350,000
Loan Repayment Term
Up to 10 years
Interest Rate
From 6%
Time to Fund
About 5 to 10 business days