The government-backed loan your business needs.
Understanding SBA Loans
Minimum Requirements For An SBA Loan.
If your business doesn’t match some of the qualifiers below, it may be more challenging to receive funding from our lending partners.
600 or higher
at least $8K
TIME IN BUSINESS
What Is An SBA Loan?
An SBA loan is a small business loan partially backed by the government. Contrary to what you might think, the SBA doesn’t actually foot any of the cash. Instead, it establishes the guidelines for loans and then guarantees a portion of those loans. Because lenders have much less risk in the case of a default, they’re more likely to provide funds to entrepreneurs like you.
Your Dedicated SBA Team
With a proprietary application platform that makes uploading documents fast and easy and a dedicated SBA team on call to answer any questions you have and assist you throughout the funding process, we’ve made it as easy as possible for business owners to access an SBA loan.
SBA Loan Interest Rates
SBA loan interest rates are some of the lowest in the business: they’re based on prime rate, which in turn is influenced by the Federal Funds Rate set by the Federal Reserve. Historically, the Federal Funds Rate is very low (it reached as high as 16.39% in 1981). If you want to save money in interest on a business loan, you will save the most with an SBA loan.
How To Apply For A Business Line Of Credit
Fill out the 15-minute online application.
It’s secured with bank-grade encryption and SSL technology, so you know your information is safe.
We pair you with loan options from our network of 75+ lenders. Our dedicated fundingmanagers can help you weigh the pros and cons of each option.
Once you’re approved, you’ll be able to access your capital in as little as 24 hours.