SBA Loans

Transparent Terms. No Hidden Fees. Fast Approvals.

What are SBA Loans?

An SBA business loan is a flexible financing solution for your business, backed by the U.S. Small Business Administration. These loans allow lenders to offer more favorable terms and more flexible underwriting criteria than traditional loans. Since the U.S. government guarantees these loans, small businesses benefit from greater accessibility, lower down payments, and longer repayment periods.

Benefits of Getting an SBA Loan Through Grow Capital Funding

  • Streamlined Process
    Our financing specialists simplify the SBA loan process. After submitting your application, we will review your submission to ensure you meet initial requirements. We’ll guide you through gathering any additional documents needed to complete your application.

  • Improved Cash Flow, More Growth
    With capped interest rates, terms up to 25 years, and loan amounts up to $5 million, an SBA loan can provide the working capital your business needs. Whether it's for daily operations, real estate purchases, or partner buyouts, there are very few limitations on how you can use the funds.

  • Multiple Loan Program Options
    We offer access to popular SBA loan programs, such as the SBA 7(a) loan, which has broad flexibility in how the funds can be used. Additionally, our SBA Express Loans offer an expedited application process, with loans potentially being closed and funded in as little as 14 days.

  • Capped Interest Rates
    Interest rates for SBA 7(a) and Express Loans are negotiated between you and the lender, but they are capped by the SBA. These rates are based on factors like loan size, industry, and loan terms.

Apply for Your SBA Loan
Getting an SBA loan through Grow Capital Funding is easy. Our specialists will help you through every step of the process to make sure you qualify and that you understand the terms. Apply now and take the first step toward securing funding for your business.

Minimum Requirements to Qualify for SBA Loans
To qualify for an SBA loan, your business must meet the following minimum requirements:

  • Must be a U.S.-based, for-profit business.

  • Must have fewer than 500 employees.

  • Must be in an SBA-approved industry.

  • Personal credit score of at least 680.

  • Established business credit.

  • Annual revenue must be less than $7.5 million on average over the past 3 years.

  • Must have fully exhausted all other non-SBA financing options.

  • Must show equity invested in the business.

Understanding SBA Loan Requirements
SBA loans offer affordable financing, but they come with strict requirements and extensive paperwork. You need to have strong personal and business credit to demonstrate financial responsibility. The SBA also wants to see that you have personally invested in your business. Lastly, you must exhaust all other financing options before applying for an SBA-backed loan.

Want to Know if You Qualify for an SBA Loan?
Speak with one of our financing specialists at Grow Capital Funding to find out if you qualify for an SBA loan. Book a consultation today to learn more.

Explore Other Financing Options

  • Line of Credit
    Access the purchases you need to grow your business while stabilizing cash flow. Line of credit offers are available through our financing network.

  • Revenue-Based Financing
    A flexible solution that provides quick access to cash, especially during emergencies or to seize business opportunities. Available through our network.

  • Equipment Financing
    Obtain the equipment necessary to run your business without draining your cash reserves. Equipment financing options are available through our network.

How Do SBA Loans Work?

SBA loans are provided through approved lenders, such as banks and credit unions, with the backing of the U.S. Small Business Administration. Once your business is approved for an SBA loan, funds will be distributed, and repayment will follow the terms of your agreement. The key advantage of SBA loans is that they reduce the lender’s risk—if the borrower defaults, the SBA Guarantee covers a portion of the remaining balance. This reassurance allows lenders to offer better terms and lower interest rates.

FAQs

    • A business loan is money borrowed from a bank or financial institution to help with the costs of running or expanding a business. It’s typically repaid with interest over a set period of time.

  • To qualify for a business loan, you usually need to have been in business for a certain amount of time, show steady revenue, and have a good credit score. Lenders may also ask for a business plan, tax returns, and financial statements.