Industry News & Information
SBA Loan Programs
From starting up or expanding your business to recovering from disasters, SBA loan programs are available
to help your business succeed. Explore the various types of loans that may be available to you and your business
including 7(a) loans, which are part of SBA’s most common program. You can learn more at www.sba.gov.
It’s important to understand SBA’s role, the agency doesn’t lend the money directly to entrepreneurs to start or grow
a business, but sets the guidelines for loans that made by its partners (lenders, community development organizations
and micro-lending institutions. The SBA guarantees that these loans will be repaid, which eliminates some of the risk to
the lending partners.
Check out the resources at www.sba.gov to gain more insight about the financing options you have throughout your
business ventures, along with information about loan credit factors, how to prepare your loan application, and a helpful
checklists to get you started.
And when you’re ready, you can find SBA lenders in your area with their search tool. Discover the size and types of loans
being provided, then contact one of the Lender Relations Specialists, or our office for assistance.