What it is
The SBA may guarantee part of the loan for the lender. The SBA is not giving the business a grant. SBA 7(a) is the common path for working capital, SBA 504 is often used for property or equipment, and SBA Express is a smaller-file version of 7(a).
What's typically needed
- Latest three months of business bank statements
- Time in business
- A government-issued photo ID
- Business tax returns
- Financial statements
Start application
Applying has no impact to your credit. Submitting this form does not pull a credit report.
Related: Expansion · Compare options · All loan types