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SBA LOANS
SBA LOANS
SBA Loans are specially designed to help small businesses get affordable financing. Backed by the U.S. government, these loans offer lower interest rates, smaller down payments, and longer repayment periods.
SBA Loans Explained
SBA loans provide small business owners with the funding they need to start, grow, or expand their operations. These loans come with favorable terms and are partially guaranteed by the Small Business Administration, making them more accessible to small businesses compared to traditional loans.
Main Features of Our SBA Loans
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Favorable Terms: SBA loans come with lower interest rates and longer repayment periods, making them more affordable for small businesses.
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Flexible Uses: Use the funds for a variety of purposes, including working capital, equipment purchases, real estate acquisition, or debt refinancing.
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Low Down Payments: SBA loans typically require lower down payments compared to other types of financing, making them ideal for business owners looking to preserve cash flow.
Why Choose Our SBA Loans?
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Accessible Financing: With partial guarantees from the SBA, our loans offer more accessible financing options, even for businesses that may not qualify for traditional loans.
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Growth-Oriented: SBA loans allow you to invest in your business with confidence, providing the capital needed to take on new opportunities or expand your operations.
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Tailored Terms: Our SBA loans are designed with small business owners in mind, offering flexible repayment schedules and competitive rates.
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Support for Various Needs: Whether you're looking to purchase new equipment, acquire real estate, or simply need working capital, our SBA loans provide the support your business needs.
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Lower Risk: With the SBA backing a portion of the loan, lenders can offer more favorable terms, reducing the risk to you and making repayment easier over time.
Our SBA loans are an excellent option for small businesses looking to secure funding with better terms and flexibility. Whether you're just starting out or expanding an existing business, our SBA loans provide the support and favorable conditions you need for growth.
Qualification Criteria
Determine if Your Business Qualifies for SBA Loans
Credit Score
Minimum 680 FICO with no major derogatory credit within the past 24 months.
Loan-to-Value (LTV) Ratio
Up to 90% LTV for real estate purchases and 80% for equipment or working capital loans, ensuring businesses can obtain substantial funding without heavy upfront costs.
Loan Term
Terms range from 5 to 25 years depending on the loan type and use of funds, allowing flexibility for business growth and stability.
Collateral Requirements
Collateral is typically required for loans over $25,000, which may include business assets, personal guarantees, or real estate.
Business Revenue
Minimum annual revenue of $100,000, ensuring that businesses have sufficient cash flow to support loan repayments.
Location Requirements
Businesses must be based in the U.S. and meet the SBA’s small business size standards, ensuring they qualify as small enterprises under federal guidelines.
Maximum Loan Amount
Up to $5,000,000, catering to both small and medium-sized business financing needs.
Liquidity Requirements
Borrowers should have sufficient liquidity to cover the down payment (typically 10% to 20%) and other associated costs.
Eligible Business Types
SBA loans are available to most for-profit small businesses, including sole proprietorships, partnerships, LLCs, and corporations.
Debt Coverage Ratio
A minimum debt service coverage ratio (DSCR) of 1.25, ensuring the business generates enough income to cover its loan payments comfortably.