SBA Loan Program
SBA are small-business loans guaranteed by the SBA and issued by participating lenders. The SBA can guarantee up to 85% of the loans of $150,000 or less and 75% of loans more than $150,000.
Our partners have been designated as a Preferred Financial Services company by SBA lenders to have loans processed more quickly and efficiently than many others.
There are a number of advantages to an SBA loan, including longer terms, no points and no balloon payments.
Who is Eligible for an SBA Loan?
Most for-profit small businesses are eligible for an SBA guaranteed loan. This includes manufacturers, wholesale, retail and service businesses as well as independent or franchise businesses.
- Retail and service businesses with sales (3-year average) not exceeding $6 million to $20 million, depending on the industry
- Wholesale businesses with employees up to 100 regardless of sales volume
- Manufacturers with employees up to 500 depending on the industry, regardless of sales volume