SBA Loans

SBA loans are business loans issued by the Small Business Administration. This government agency offers multiple loan programs and products that are usually processed through a third party (e.g., banks and private-lending institutions). The three main SBA loan programs let you borrow money for nearly any business purpose—transferring debt from more expensive sources, purchasing equipment and inventory, or many other user-cases. With American SBA's network of banks and certified institutions, we have maximized the likelihood of getting approved.

APPLY FOR A SBA LOAN

(Without affecting your credit!)

SBA Loan Benefits

This is arguably the top-tier business financing option available in the market. SBA loans provide the best rate, terms, and payback structure. For this reason, qualifying for an SBA Loan can be harder than other options. That's why American SBA will prepare you for it beforehand.

SBA Loan Uses

SBA loans have almost no restrictions on their use and can help businesses refinance more expensive debt, purchase equipment and inventory, buy real estate, or almost anything else that will help your business grow. We will help you use these funds in the most efficient way possible.

Education and Guidance

Most business owners know about the SBA loan programs, but not about the qualification and application process. Some prematurely apply for the SBA with their current financials, but this rarely delivers the best outcomes. Our consultants will prepare you beforehand.

Small Business Administration Loans

SBA loans are business loans issued by the Small Business Administration. This government agency offers multiple loan programs and products that are usually processed through a third-party (i.e. banks and private-lending institutions). The three main SBA loan programs let you borrow money for nearly any business purpose—transferring debt from more expensive sources, purchasing equipment and inventory, or many other user-cases. With American SBA’s network of banks and certified institutions, we have maximized the likelihood of getting approved.

It’s most likely going to be the best APR you can get for a lump-sum traditional interest loan.
It’s very flexible in the use-cases and can help virtually any business type.
It can help businesses that otherwise need a stronger track-record, such as start-ups.
Payback terms are usually longer than other forms of financing and therefore represent the best option for cash-flow purposes.

Despite the many benefits, the SBA Loan application process is usually lengthy and requires a lot of communication.
Funds take on average about 3 months to be received after application. This may not be a good option for immediate needs.
Businesses usually apply for faster options to bridge the gap between application and funding from an SBA program.

Starting at 6%

SBA Programs vary in their interest rate but a 6% APR is a good starting point.

Get $5,000 - $5,000,000

Loan amounts vary depending on the program applied, business size, and use-case.

Payback Terms from 5 to 25 years.

Terms vary depending on the program that you're able to qualify for but are on average longer than other forms of financing.

Who Qualifies for SBA Loans?

(Based on American SBA previous clients)

680 Minimum Credit Score

Personal Credit Score is Very Important

From $180K Annual Revenue

Often SBA Programs require a good track record of business revenue.

4 Years in Business

Even though there are programs geared to help start-ups, approved clients have an average about 4 years in business.

How do you apply to a SBA Loan

SBA Loans are usually a lengthy application process that requires a fair-bit of documentation. We make this process a lot simpler by streamlining it through our systems with the help of your advisor.

Your advisor will advise based on the SBA program you’re applying to, on which documents you should provide and work on.

You can find the initial 5 minute application by clicking here.

Items you'll need:

Driver's License
Voided Check
Bank Statements
Signed Application
Business Financials
Business Debt Schedule
Personal and Business Taxes

Compare Other Loan Types

Type of Loan

Amount

Interest Rate

Credit Score

Characteristics:
$25,000 – $500,0000
Interest Rates: 7% >
As Fast as in 48 Hours
Requires:
3 Years in Business
680 > Credit Score

Characteristics:
$10,000 – $1,000,000 +
Interest Rates Starting at 7.0% APR
As Fast as in 24 Hours
Requires:
1 Year in Business
630 > Credit Score

Characteristics:
$5,000 – $500,0000
Factor Rates Starting at 1.12x
As Fast as in 48 Hours
Requires:
3 Months in Business
500 > Credit Score

Characteristics:
$5,000 – $5,000,0000
Interest Rates Starting at 6.0% APR
As Fast as in 2 weeks
Requires:
4 Years in Business
680 > Credit Score

Characteristics:
$25,000 +
Interest Rates Starting at 5.99% APR
As Fast as in 48 Hours
Requires:
Consistent Personal Income
600 > Credit Score

Working Capital Loans and MCA's

Characteristics:
Get $5,000 - $500,000
Factor Rates: 1.12x >
Speed: As fast as 24 Hours
Requirements:
3 Months in Business
500 > Credit Score

You'll be surprised what we can do for your business.

Know your options in just a few minutes!

Let's do it!

What Industries can Benefit?

Virtually all industries can benefit from an SBA Loan. Some more than others, but given this product provides such flexible use-cases, opportunities arise at any situation.

Transportation Industry

Short term capital loans have proven to be a great option for the transportation industry! Funds are likely used for buying trucks, equipment, or repairs. Often a very popular option for this industry.

Retail Sales Industry

Many retail store owners require some extra capital to leverage economies of scale to take advantage of discounted prices and lower costs per goods sold!

Medical Industry

Many medical professionals that require an upgrade in their equipment or an expansion of their current operation resort to short-term capital loans. Often secure lower rates than the average.

Professional Services

Professional services often have the same issue than other independent contractors. There's a demand for work, but no capital for the required resources. This solves that issue!

Construction Industry

Contractors often have many projects ahead that are left untreated for lack of proper resources. These loans are able to bridge that gap and allow work to happen!

Restaurants and Bars

Time-in-time again we service owners with broken essential equipment. Every day without it is costing them money. This product serves useful as it is the fastest road to funds.

Our Achievements

A+ Better Business Bureau Grade We've been accredited with an A+ grade with the BBB for 4 years in a row!

Michael Wallace - Managing Director "American SBA shed light on options I didn't even know I had..."

Graciela Broward - Founder and Owner "You won't find a better and honest team of financial consultants, promise.."

Jason Malave "...this revolutionized my capital acquisition process dramatically."

Satisfied Business Owners

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Loans Under 14% Approved

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Free Financial Audits Done

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Successful SBA Approvals

Have specific questions?

Give us a call or email us!

submit@americansba.com

Click to Call (833) 735-4800

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