Everything You Need to Know About

SBA Loans

Small Business Administration (SBA) loans are one of the most affordable and accessible financing options for entrepreneurs. Whether you’re starting a new business, expanding operations, or recovering from a financial setback, SBA loans provide lower interest rates, longer repayment terms, and government-backed security.

At GoSBA.org, we simplify the process by helping you understand SBA loans and connecting you with trusted, SBA-approved lenders.

SBA 7(a) Loan

The Most Popular Option

Best for: Working capital, equipment, real estate, refinancing debt, and general business expenses.

Loan amounts: Up to $5 million.

Repayment terms: Up to 25 years for real estate, 10 years for other uses.

Great for businesses looking to buy property, construct buildings, or upgrade facilities.

SBA 504 Loan
For Real Estate & Equipment

Best for: Purchasing commercial real estate, land, or large equipment.

Loan amounts: Typically between $500,000 and $5.5 million.
Repayment terms: 10–25 years with fixed interest rates.

Great for businesses looking to buy property, construct buildings, or upgrade facilities.

SBA Microloan

For Startups & Small Needs

Best for: Startups, small businesses, and home-based businesses.

Loan amounts: Up to $50,000.

Repayment terms: Up to 6 years.

Collateral: May be required, depending on the lender.

Designed to help businesses rebuild after hurricanes, wildfires, pandemics, or other crises.

SBA Disaster Loans

For Recovery After a Crisis

Best for: Businesses affected by natural disasters, economic downturns, or emergencies.

Loan amounts: Up to $2 million.

Repayment terms:  Up to 30 years, depending on the situation.

Designed to help businesses rebuild after hurricanes, wildfires, pandemics, or other crises.

NON-SBA

Business Term Loan
Most Common Loan

Best for: Expanding a business, buying equipment, or covering large expenses.
Loan amounts: $50,000 to $5 million+.
Repayment terms: 1 to 25 years.
Interest rates: based on creditworthiness.

Great for businesses needing a lump sum of cash for long-term investments.

NON-SBA

Business Lines of Credit

Flexible Working Capital

Best for: Ongoing expenses, seasonal cash flow needs, or short-term financing.
Loan amounts: $10,000 to $500,000+.
Repayment terms: Revolving credit.
Interest rates: based on creditworthiness.

Best for businesses needing flexible access to cash without taking a full loan upfront.

NON-SBA

Equipment Financing

Buy or Lease Business Equipment

Best for: Purchasing vehicles, machinery, or specialized business equipment.
Loan amounts: Up to 100% of equipment cost.
Repayment terms: 3 – 10 years (aligned with equipment lifespan).
Collateral: The equipment itself serves as security.

Ideal for businesses in manufacturing, construction, healthcare, and transportation.

NON-SBA

Commercial Real Estate
Loans to Buy or Expand Property

Best for: Purchasing office space, warehouses, or retail locations.
Loan amounts: $100,000 to $10 million+.
Repayment terms: 10 – 25 years.
Interest rates: 5% – 12%, depending on credit and lender.

A smart choice for businesses looking to own rather than lease commercial property.