SBA Loan

An SBA loan is a government-backed loan that allows businesses and entrepreneurs to finance their business ventures. The loans are available in a number of different formats, including conventional and subordinated debt, which lets you choose the most appropriate option for your situation. There are also various eligibility requirements that must be met before submitting an application, such as having good credit history and being solvent.

Once approved, an SBA loan provides businesses with access to low-cost capital that can help them grow their business or invest in new projects. The terms of the loans typically have relatively short repayment periods (between 5 and 10 years) which means that you won't have to worry about hefty interest rates or longterm commitments.

To learn more about an SBA Loan and if it's a right fit for your business, complete our 15-second online application to speak with a business financing advisor today.

There are a few things you will need in order to apply for an SBA loan. These include your business plan, financial statements, and credit score. After you have compiled all of the requested information, it is time to submit your loan application. Additionally, you must be able to provide documentation of your net worth and credit score.

Stan Loan Services has access to a wide variety of SBA Loans. To explore your options, complete our 15-second online application. 

A SBA-7A loan is a government-insured,  fixed interest loan that can be used to finance small businesses in need of short-term credit. These loans are perfect for companies that have experienced temporary layoffs or are experiencing financial strain due to seasonal fluctuations.

Unlike traditional loans, which require collateral and do not offer as much flexibility, a SBA-7A loan allows you to borrow up to 85% of your business's qualified net worth. This makes it an ideal option for companies who may not qualify for other types of loans but still need the immediate money they need to keep their business afloat. Additionally, since these loans are backed by the government, there is little risk involved should you default on payments.

SBA 7(a) may be available if your business does not meet the minimum time in business or credit score requirements. To learn more complete our 15-second online application today.