SBA LOANS

The Small Business Administration (SBA) is an independent agency of the Federal Government, established by Congress to advise and help the Nation's small businesses.

SBA Loan Programs

Even if you have been turned down by your local bank, a SBA lender may be able to help you. Many SBA lenders will give special consideration to minority

Recommended SBA Loan Sources

and/or women owned businesses. You will still need to meet the credit criteria. These are loans not grants.

SBA loans can be used to provide financing for the following uses:

Provide small businesses with working capital
Purchase real estate premises
Purchase of furniture and fixtures
Purchase of machinery and equipment
Leasehold improvements
Purchase of additional inventory
Business acquisitions

Depending on the use of loan proceeds, security for SBA loans may consist of one or more of the following: First or second deed of trust on business real estate Security agreement and UCC filing on business assets Personal guaranty of major stockholders

The 2 Most Common SBA Loan Programs

SBA 7A Program and
SBA 504 Program.

Click here for alternatives to SBA Financing

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