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SBA
Loans

Government-backed financing with the lowest rates and the longest terms available to a small business — and a process that will test your patience. Worth it when your timeline allows.

At a glance

Amount$50,000 – $5,000,000
Term10 – 25 years
Time to funding30 – 90 days
Time in business2 years typical
Credit checkSoft pull to review

Is this the right fit?

SBA is the cheapest capital a small business can get and the slowest to close. It rewards patience and clean books, and punishes an urgent timeline or informal paperwork.

Good fit if

  • You can wait 30 to 90 days
  • You want the lowest available cost of capital
  • You have solid credit, tax returns, and a real business plan
  • You are buying real estate, acquiring a business, or refinancing expensive debt

Probably not if

  • You need money this month
  • Your documentation is incomplete or your books are informal
  • You have recent tax liens, defaults, or a prior government loan default
  • The amount you need is small enough that the paperwork is not worth it

What you will need

  • Two to three years of business and personal tax returns
  • Year-to-date profit and loss and balance sheet
  • Business debt schedule
  • Personal financial statement for every owner at 20%+
  • A written use of funds

Typical terms

These are the ranges we see across our funding partners in the SBA 7(a) program. Your actual offer depends on your file and is set by the lender, not by us.

TermTypical range
Amount$50,000 to $5,000,000 (7(a) program)
Term10 years working capital, up to 25 years real estate
RatePrime plus a spread, capped by SBA rules
Down payment10% or more for acquisitions
CollateralRequired where available
GuaranteePersonal guarantee from every 20%+ owner

Ranges are illustrative and are not an offer of credit. An approved lender makes the loan and the SBA guarantees a portion; rates, fees, and terms are set by the lender and disclosed before you sign.

Common questions

How long does this really take?

Plan for 60 days. Files with clean, complete documents move faster; nothing moves it under 30.

Is the SBA lending me the money?

No — an approved lender lends, and the SBA guarantees a portion. We refer you to lenders in that program.

Can I use it to refinance an advance?

Often yes, and it is one of the best reasons to pursue SBA. Refinancing high-cost short-term debt into an SBA loan can transform monthly cash flow.

What disqualifies me fastest?

A prior default on a federal loan. After that, unfiled tax returns.

Other options to compare

Term Loan

Faster than SBA and still predictable, when you cannot wait 60 days for the lowest rate.

See More

Business Line of Credit

Revolving capital for ongoing operations rather than a single large investment.

See More

Equipment Financing

When the purchase is an asset that can secure the loan itself.

See More

Find out where you stand

Two minutes, no hard credit pull, and a straight answer about whether an SBA loan is worth pursuing for you right now.

Check My Eligibility