The U.S. Small Business Administration (SBA) loan programs lend money to small businesses unable to secure financing on reasonable terms through normal lending channels.
The SBA loan programs are operated through private-sector lenders that provide loans which are, in turn, guaranteed by the SBA — the agency has no funds for direct lending or grants. Most private lenders (banks, credit unions, etc.) are familiar with SBA loan programs so interested applicants should contact their local lender for further information and assistance in the SBA loan application process.
Here you will find brief descriptions of the primary loan programs available through funding from the U.S. Small Business Association (SBA). For detailed information, including qualifications, allowable uses of funds and interest rates, click on “Complete loan information from SBA.”