SBA Loans - Government-backed financing with favorable terms for your business
Access Small Business Administration guaranteed loans with lower down payments, longer terms, and competitive rates to fuel your business growth.
Key features
SBA loans offer unique advantages that make them an attractive option for many small businesses.
Lower Down Payments
Benefit from reduced equity requirements compared to conventional loans, allowing you to preserve more working capital.
Longer Repayment Terms
Enjoy extended loan terms up to 25 years for real estate and 10 years for equipment and working capital, reducing monthly payments.
Competitive Interest Rates
Access loans with interest rates that are typically lower than conventional financing options for similar businesses.
Multiple Loan Programs
Choose from various SBA loan programs including 7(a), 504, and Express loans, each designed for specific business needs.
Funding for Various Business Purposes
Use SBA loans for working capital, equipment purchases, real estate acquisition, business acquisition, and more.
Technical Assistance Available
Access business counseling, training, and support services through SBA resource partners to help your business succeed.
SBA loan programs
The SBA offers several loan programs designed to meet different business needs and situations.
SBA 7(a) Loans
The most common program for general business purposes with loans up to $5 million
SBA 504 Loans
Long-term, fixed-rate financing for major fixed assets like real estate and equipment
SBA Express Loans
Accelerated turnaround time for approval on loans up to $500,000
SBA Microloans
Small, short-term loans up to $50,000 for startups and small businesses
SBA Export Loans
Specialized financing for businesses that export goods or services internationally
SBA Disaster Loans
Low-interest loans to businesses recovering from declared disasters
Business benefits
SBA loans provide significant advantages that can help your business grow and succeed.
Lower Upfront Costs
Preserve your cash with lower down payments and reduced collateral requirements compared to conventional loans.
Improved Cash Flow
Benefit from longer repayment terms that result in lower monthly payments, improving your business cash flow.
No Balloon Payments
Enjoy fully-amortized loans without balloon payments, providing predictable repayment schedules for the life of the loan.
Business Support Resources
Access valuable mentoring, training, and resources from SBA partners to help your business grow and succeed.
See it in action
Here"s how a real business implemented this solution and the results they achieved.
Coastal Manufacturing
Custom furniture manufacturer in Charleston, SC
The Challenge
Coastal Manufacturing needed to expand their production facility and purchase specialized equipment to meet growing demand. Traditional financing options required a 25% down payment, which would have depleted their working capital and limited their ability to fulfill incoming orders.
Our Solution
We helped Coastal Manufacturing secure an SBA 504 loan with these key features:
- $1.2 million total project financing with only 10% down payment
- 20-year fixed rate term for the real estate portion
- 10-year fixed rate term for the equipment portion
The Results
- Production capacity increase
- 85%
- New jobs created
- 17
- Annual revenue growth
- 43%
"The SBA loan allowed us to expand our facility and upgrade our equipment while preserving our cash reserves. The lower down payment and longer terms made a significant difference in our monthly cash flow. We've been able to take on larger projects and hire additional staff, which wouldn't have been possible with conventional financing."
— Daniel Harmon, President
Ready to explore SBA loan options?
Our funding experts are ready to help you navigate the SBA loan application process and find the right program for your business.