grow your business with a loan that fits your needs

borrow with confidence guaranteed by the SBA

An SBA loan is a government-guaranteed small business loan that has a long-term and low-interest rates. The Small Business Administration (SBA) is the government agency that partially guarantees SBA loans and was founded in 1953 to support small business owners across the United States.

The most common misunderstanding about these loans is that the agency lends money directly to small businesses. However, the agency does not make direct loans. The SBA provides a guarantee on the loan, promising to reimburse the bank for a certain percentage of your loan if you default on that loan. This guarantee lowers the risks to banks and other lenders, encouraging them to offer these loans to more American small businesses. Many banks and other financial institutions offer SBA loans, but their process, requirements and fees can vary.

SBA loans come with different rates depending on the lender you work with; however, the SBA establishes the maximum amount that can be charged for these loans.

  • 6.25% to 7.50% (Prime Rate plus 1.50% to 2.75%) for commercial real estate loans $500,000 – $5 million
  • 7.50% to 8.50% (Prime Rate plus 2.75% to 3.75%) for loans $30,000 – $350,000

Even after fees, SBA loans are vastly cheaper than the majority of alternative financing and alternative lender options.

SBA Loan Types

7(a) Loan Program

SBA’s Flagship Loan Program

Federally guaranteed term loans of up to $5 million

Funds for working capital, expansion, equipment purchases

Processed through banks, credit unions, specialized lenders

504 Loan Program

Federally guaranteed loans of up to $5 million

Funds for buying land, machinery, facilities

Processed through private-sector lenders and nonprofits


Loans of up to $50,000

Funds for working capital, inventory, equipment, starting a business

Processed through community-based nonprofits

SBA Disaster Loans

Loans of up to $2 million

Funds for small-business owners affected by natural disasters and other emergencies

Processed through the SBA