The US Small Business Administration (SBA) is a federal agency built solely for the purpose of helping small businesses get the finding they need — especially in times of economic hardship caused by events like the coronavirus (COVID-19) pandemic.
Contrary to what you might think, the SBA doesn’t actually foot any of the cash. Instead, it establishes the guidelines for loans and then guarantees a portion of those loans. Because lenders have much less risk in the case of a default, they’re more likely to provide funds to entrepreneurs like you.
Up to $5,000,000
1 – 2 months after approval
10-30 years
Azle+
Whether you’re looking to purchase real estate, buy an existing business, cover construction costs or obtain working capital, an SBA loan can provide the funding you need for your business. These loans, which are backed by the Small Business Administration (SBA), are actually financed through individual banks.