The Lowest Business Loan Rates Available Backed by the US Government
SBA loans offer the longest terms and lowest rates of any small business financing. If your business qualifies, it is almost always worth applying. Check your eligibility in 2 minutes no hard credit pull.
How Much Does Your Business Need?
$1,000,000
$1,000,000
Lowest rates available . Up to $10M . No hard credit pull
Up to $10M
Loan range
620+
Recommended FICO
4–8 weeks
Funding timeline
10–25 years
Loan term
How SBA Loans Works
1
Apply in 2 minutes
Tell us your monthly revenue, time in business, and credit score range. No hard pull on your credit.
2
Get matched to an MCA lender
We find the advance that fits your daily sales volume and business profile from our vetted lender network.
3
Repay from daily sales
A fixed percentage of your daily card or bank deposits goes toward repayment , automatically. No invoice. No due date.
Who Qualifies?
Most established small bussinesses qualify. Here is what lenders look for:
In business for 3+ years
Monthly revenue of $40,000 or more ($500K+ annually)
Credit score of 620 or above
US-based, for-profit business
No open bankruptcies or recent defaults on federal debt
Business operates in an eligible industry (most industries qualify)
Who Qualifies?
Most established small bussinesses qualify. Here is what lenders look for
Think SBA Loans might be right for you?
Think SBA Loans
might
be right for you?
Check your eligibility in 2 minutes. No hard credit pull.
Check your eligibility in 2 minutes.
No hard credit pull.
Minimum Requirements at a Glance
Requirement
Minimum
Time in business
3 years minimum
Monthly revenue
$40,000/month ($500K+ annually)
Credit score
620+ recommended
Collateral
Required for loans over $25K
business assets first
Personal guarantee
Required for owners with 20%+ equity
Funding speed
4–8 weeks from application
Loan range
$100,000 – $10,000,000
Loan term
10 years to 25 years
Our matching tool launches soon
Is SBA Loans
Right for Your Business
PROS
CONS
Frequently Asked Questions
What is an SBA loan?
An SBA loan is a business loan partially guaranteed by the US Small Business Administration. Because the government backs a portion of the loan, approved lenders can offer lower rates and longer terms than they otherwise would. You still borrow from a private lender the SBA just reduces their risk.
What is the difference between SBA 7(a) and SBA 504?
The SBA 7(a) is the most common program flexible use of funds, up to $10M. The SBA 504 is specifically for purchasing real estate or large equipment, with fixed rates and terms up to 25 years. Most small businesses start with a 7(a).
How long does an SBA loan take?
From application to funding, expect 2 to 4 weeks for a standard 7(a). SBA Express loans (up to $500K) can be approved in 36 hours, though funding still takes several days after approval.
Do I need collateral for an SBA loan?
For loans over $25,000, the SBA requires lenders to take available collateral. This is typically business assets first equipment, inventory, real estate. Personal assets may be required if business assets are insufficient.
Can I qualify with a 625 credit score?
A 620 FICO may qualify for some SBA programs, particularly Microloans (up to $50K). For standard 7(a) loans, a 680+ score gives you the best approval odds. We show you which programs fit your profile before you apply.
What industries are excluded from SBA loans?
The SBA excludes lenders, passive investment companies, gambling businesses, multi-level marketing companies, and certain nonprofits. Most operating small businesses qualify.
Further Reading
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Not the Right Fit? Explore Other Options
Business Term Loan
Faster than SBA funding in days. Fixed monthly payments. Best if you need capital quickly.
Business Line of Credit
Revolving access to funds for ongoing cash flow needs. No fixed repayment schedule.
Equipment Financing
Finance a specific piece of equipment with the equipment as collateral. Often faster than SBA with competitive rates.
Business Loan
Funds release
$1M
Received
Matched with lenders including
Ready to Check Your Options?
Complete your application. We match you to the right lender. No hard credit pull.
Free · 2 minutes · Soft pull only · 625+ credit score accepted