Is an SBA loan right for your SMB?
SBA loans can be a powerful tool for small and mid-sized businesses looking to access capital for growth, real estate, equipment, or working capital—with the added benefit of lower rates and longer repayment terms. Because these loans are backed by the government, lenders are more willing to extend credit, even in riskier situations. But they aren’t a fit for everyone: qualification can be tough, the process is slower than traditional loans, and personal guarantees are required.
SBA common loan types::
| Program | Loan size | Purpose |
| SBA microloans | Up to $50,000. | Working capital, inventory, supplies, equipment and machinery. |
| SBA disaster loans | Up to $2 million. | Repair physical damage due to a declared disaster and cover operating expenses. |
| SBA Working Capital Pilot program | Up to $5 million. | Flexible working capital line of credit to support a wide variety of small-business needs. |
| SBA Export Working Capital loans | Up to $5 million. | Working capital to support export sales. |
| SBA Export Express loans | Up to $500,000. | Expedited funding to enhance a business’s export development. |
| SBA International Trade loans | Up to $5 million. | Long-term funding to expand export sales or modernize to contend with foreign competitors. |
Terms:
10 years- Working capital, Inventory & Equipment
25 years- real estate
As a CPA and CFO, I recommend mapping out your strategic plan, cash flow needs and comparing alternative funding. Email me to connect and explore how we can unlock transformative value for your business together.
