SBA LOANS

Buy a Business with an SBA Loan

The Small Business Administration (SBA) guarantees loans made by banks and other lenders to small businesses. There are very specific requirements to getting a bank to approve an SBA Loan.

There are different types of loans available depending on your specific needs and situation.

General Small Business Loans 7 (a) – most common “SBA 7A Loans”

https://www.sba.gov/loans-grants/see-what-sba-offers/sba-loan-programs/general-small-business-loans-7a

Microloans – for certain small business and not-for-profit child care centers.

https://www.sba.gov/loans-grants/see-what-sba-offers/sba-loan-programs/microloan-program

Real Estate & Equipment Loans CDC/504 – financing for fixed assets and Real Estate “SBA Equipment Loans”

https://www.sba.gov/loans-grants/see-what-sba-offers/sba-loan-programs/real-estate-equipment-loans-cdc-504

Disaster Loans – Loans to repair certain damaged and destroyed items when there is a declared natural disaster

https://www.sba.gov/loans-grants/see-what-sba-offers/sba-loan-programs/disaster-loans

Limitations of SBA financing – Overview of program limitations

https://www.sba.gov/loans-grants/see-what-sba-offers/what-sba-doesnt-offer

SBA Learning Center – Tutorials designed to help you develop, operate and sell your business

https://www.sba.gov/tools/sba-learning-center/search/training

Recommended tutorials

https://www.finimpact.com/small-business-grants/

Buying a business

https://www.sba.gov/tools/sba-learning-center/training/buying-business

Selling your business

https://www.sba.gov/business-guide/manage-your-business/close-or-sell-your-business

Introduction to crowdfunding

https://www.sba.gov/tools/sba-learning-center/training/introduction-crowdfunding-entrepreneurs

Legal requirements for small businesses

https://www.sba.gov/tools/sba-learning-center/training/legal-requirements-small-business

****The SBA offers an incredible amount of support and information which can help you develop, maintain and consistently improve your business. We suggest bookmarking this website and referring back to it often.