SBA Loan
What is an SBA Loan?
- Loans that are guaranteed to the lender by the U.S. Small Business Association
- Lower down payments, and no collateral needed for most SBA loans
- Some loans come with continued support to help you start and run your business
- Designed for businesses unable to obtain other financing
- Applicants with poor credit can still qualify
How do SBA loans work?
If you are unable to obtain other types of business financing, your dedicated Stream Capital advisor will try to find you a loan through an SBA lender.
With this type of financing, you can get long-term financing at the lowest interest rates through loans partially guaranteed by the U.S. Small Business Administration.
Loans are available for startup purposes, working capital, and fixed assets. By guaranteeing business loans, the SBA encourages lenders to provide financing to borrowers without taking on the risk of default. Because of this, there are certain eligibility requirements. Your Stream Capital advisor will help determine if your business is eligible.
In addition to financing, some SBA loans come with continued support to help you start and run your business.