SBA Loans for Business Start Up

Starting a new business is an exciting experience. Putting together a business plan and seeing it turn into successful business can give you a great feeling of accomplishment. However it is not as simple as thinking up a business and putting it into action, money is needed. Without a large personal savings it can become troublesome for many inspiring entrepreneurs to turn their business ownership dreams into a reality.

SBA Loans Can Help You Start Your Dream Business

Many lenders view startup businesses as high risk. This is because you are not guaranteed to succeed, if you don’t the lenders may never see the financed amount back. This doesn’t mean it is impossible to get a startup loan, you just need a little added help to do so.

The Small Business Administration, SBA, helps small business owners get the capital they need to cover startup costs and to grow their businesses. Now the SBA does not issue loans directly, they do work with lenders by offering a government back guarantee on the loan, making approval a possibility for those who may have never had this type of opportunity.

How Can I Get an SBA Startup Loan?

If you are ready to turn your dream of business ownership into a reality the SBA can help. First you must put together a solid business plan that describes your business and its operations, how it will be profitable in its industry, your personal business experience, projected earning and how you intend to repay the loan. Next you can visit the SBA website to connect with local lenders which participate in their program.

Once you have all of your “ducks in a row” you can submit an application which includes your business plan and your personal credit history. It can be a bit of a waiting game for approval for the SBA startup loan. Don’t be discouraged, within a few short months you should have your approval and the capital needed to turn your dream into a reality.


When You Are Ready, We Are Here!

When you apply with us, you’re applying with a trusted company that cares about your financing needs. We’ll take care of you through the whole process.

Still not convinced? Learn more
  • Unsecured Loans up to $150,000
  • Save Money - The Lowest Rates in the industry
  • Funding is Fast - Less than Seven Days Turnaround
  • Versatile - Multiple Industries Funded