Partners Customer LoginCall1-800-555-1234
LLiDL
Two professionals, a man and a woman, looking at a laptop computer in an office setting.

SBA Loan

An SBA Loan is a financing option specifically designed to support small businesses, backed by the U.S. Small Business Administration (SBA). Its partial government guarantee reduces lender risk, allowing businesses to access funds with more favorable terms, like lower interest rates and extended repayment periods.

Apply Now
A smiling woman in a cafe, looking at a laptop.

Quick Stats

Loan Amounts and Terms

  • Funding up to $5M
  • Term 10 to 25 years

Repayment Schedule

  • Fixed Monthly Repayments

Requirements

  • FICO 640+

Funding Time

  • Up to 25 days from approval

How Does An SBA Loan Compare?

SBA Loan

  • Up to: $5M

  • Term: 10 to 25 years

  • Repayment: Fixed monthly

  • Funding Time: Up to 25 days from approval

  • Requirements: FICO 640+

  • Pros: Reasonable terms; Higher amounts

  • Cons: Difficult to apply for; Personal risk

  • Up to: $500k

  • Term: up to 12 years

  • Repayment: Fixed monthly

  • Funding Time: Within 3 business days of approval

  • Requirements: Time in Business 2+ years

  • Pros: Predictable payment schedule; lower payments; potential early repayment

  • Cons: Lower yearly cost but higher overall cost; Stringent Eligibility Requirements; Potential slow funding time

Learn More →

Need help deciding?

How It Works

Our simple, three-step process makes getting the funding you need quick and easy.

1
A smiling woman in a boutique using a tablet.

Apply

Submit the easy online application within minutes and a Capital Specialist will call to discuss your funding request.

2
Two women having a professional meeting at a desk.

Get a Decision

You will receive your approval status after submitting all necessary documentation.

3
A man in a blue shirt handing documents over a desk.

Receive Your Funds

You'll receive a lump-sum payout up to 25 days of offer acceptance. Spend it at your own pace, as you need it.

How to Use a SBA Loan

An SBA Loan can be used for a variety of business needs, including purchasing equipment, expanding operations, covering working capital, or refinancing debt. With flexible uses, these loans allow businesses to strategically fund growth and support long-term financial stability.

Whether opening a new storefront, expanding into a larger space, or renovating existing facilities, small business loans offer the capital needed to grow strategically without disrupting core operations.

Expand Operations

Fund the opening of new locations, renovation of existing spaces, or purchasing new equipment, helping businesses grow their footprint and increase revenue potential.

Access to loan funding enables businesses to upgrade outdated equipment, invest in new tools, or implement technology improvements that increase efficiency and productivity.

Purchase Inventory and Supplies

Businesses can use an SBA Loan to buy necessary inventory or supplies, especially useful for seasonal businesses that need to stock up before busy periods or to fulfill large customer orders.

An office worker reviews financial charts on a desktop computer.

Manage Cash Flow and Cover Operating Expenses

An SBA Loan can provide the working capital needed to manage cash flow, pay employees, cover rent, or meet other day-to-day expenses, ensuring smooth operations during slower sales periods.

FAQs

From the Source

View More
A line of people waiting outside a store.
Small Business

Unlocking Growth: Strategies for Small Business Expansion and Long-Term Success

A person reviewing business analytics on a clipboard at a desk.
LLiDL News

Top Trends for Navigating the Business Landscape

A businesswoman smiling in front of a blue AI graphic.
Thought Leadership

CMO Elissa Feldman On Making AI Work for Small Businesses

A portrait of a smiling businessman in a suit.
LLiDL News

LLiDL Appoints John Egerman as Chief Financial Officer