SBA (U.S. Small Business Administration) Loan Programs
| The U.S. Small Business Administration is a primary source
of funding for America's small business concerns. Over $19 billion dollars
in loan guarantees are extended to small businesses nationwide every year by
participating SBA lenders.
The SBA doesn't make direct loans except in cases of natural disasters. What it does is provide a partial guaranty to lenders who make the loans based upon their own and the SBA's guidelines. |
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SBA guaranteed loans are not for speculative business ventures or for businesses without good firm management and a positive outlook for success and they are not "grants". Lenders will apply the same sound credit judgment of the business management and it's viability as they would with any other type of loan that they make.
The guarantees do provide lenders the ability to offer terms that they otherwise might not feel comfortable with, such as longer term loans (up to 25 years) with lower down payments (as little as 10%) with no balloons. Or loans to businesses with less than two years of operating history.
The SBA guaranty may also assist lenders in doing loans with less collateral than they would normally require for a conventional loan. Loans don't have to be fully secured by real estate, in fact in loans can be made to businesses with no real estate collateral at all.
Click on one of the links below to the SBA's page for current, detailed information about each program.
| All Programs & Services | 7(a) | 504 |
| (see all financing programs & services supported by the SBA) | (loans $300,000 to $2,000,000 for real estate & non-real estate purposes) | (loans for Real Estate & Capital Equipment Only) |
While The Commercial Lending Group™ is not a direct SBA 7a lender, we do work closely with our clients, SBA lenders and the SBA to prepare your loan request to have the highest likelihood of success in getting an approval.