SBA Financing
Small Business Administration loans offer the lowest rates on the market. Many business owners — including our clients — utilize SBA financing because the rates are some of the most competitive among lenders. This form of financing makes a large pool of buyers because of its benefits.
The Small Business Administration set interest rates for lenders, allowing overall lending costs low for small business owners. The SBA caps the maximum lenders can charge based on the size and maturity of the loan. They try to help eliminate some risk to lenders by guaranteeing these loans will be repaid.
Whether you’re seeking financial help for your small business in response to the coronavirus (COVID-19) pandemic or simply wondering how to obtain financing to expand, a loan from the Small Business Administration (SBA) provides low-interest, long-term SBA loans that are a viable option for business owners suffering substantial disaster-related physical or economic damage or who want to grow their business and can’t obtain other non-government financing.