SBA Loans

Borrow up to $5 million, use the funds for any business purpose, and secure the most competitive terms on the market with National Business Capital. Get fast and flexible financing tailored to your unique business needs, ensuring you have the capital to seize every opportunity and overcome any challenge.

How Do You Qualify for Business Equipment Financing?

1+ Year in Business

$500,000+ in Annual Revenue

Lowest Rates, Longest Terms, & Highest Amounts

Funding Amount

Up to $100MM

Repayment

Up to 25 years

Time to Fund

1 to 7 days

How It Works!

The funding you require to achieve your full potential is
just a few clicks away.

Complete our simplified application process in minutes and securely upload your business documents with no risk involved.

Apply Now

Review and compare your options with guidance from our experienced team, ensuring you choose the best fit for your unique situation.

Armed with your funds, you can confidently seize opportunities and overcome challenges.

Frequently Asked Questions

Simplified Qualification for SBA Microloans

Among all SBA loan products, microloans are the easiest to qualify for. Here’s why:

  • Lower Credit Score Requirements: Most lenders accept applicants with FICO scores averaging around 575.
  • Collateral or Personal Guarantee: You may need to provide collateral or a personal guarantee to secure the loan.
  • For-Profit Business: Your business must be operated for profit.
  • Good Character: The business owner must have a clean criminal record, free of “dishonest” crimes such as fraud, burglary, or theft.

Instead of the traditional credit pull, the SBA leverages the FICO Small Business Scoring Service to determine a borrower’s eligibility, which doesn’t damage credit. Personally guaranteeing an SBA loan won’t show up on your personal credit report, either.

Entrepreneurs can leverage SBA loans for “almost” every business purpose. You can:

  • Purchase land
  • Inventory/supplies
  • Raw materials
  • Improve a property
  • Working capital
  • Equipment
  • Payroll
  • Construct buildings (up to 2)
  • And more!

You can’t use an SBA Loan for investment real estate (to sell or lease), refinance existing debt that would “expose the SBA to a loss,” pay delinquent taxes, or relocate the borrower from a community where their departure would result in a significant increase in unemployment.

The SBA caps funding amounts at $5 million, although you can technically borrow up to $16.5 million. Through the SBA 504 loan program, eligible energy-efficient businesses or manufacturing projects can secure more than one 504 loan, up to $5.5 million each.

Secure the Best Business Line of Credit in 2024

   
  • Paperwork
     
  • Application
     
  • Number of Lenders
  • Service Level
  • Approval Process
  • Speed to Funding
  • Collateral Requirements
  • Business Profitability
  • Credit Score
  • Credit Check
Successful Funds  
  • 3 Months Bank Statements
    No Tax Returns Required
  • One Page – One Minute
    DocuSign
  • 75+
  • Business Advisor
  • Hours/Days
  • Hours/Days
  • Not Necessary
  • Not Necessary
  • No Minimum FICO
  • Soft Pull
Best
Bank  
  • 2-3 Years Tax Return
    2-3 Years Financials
  • Lengthy
    Paper Intensive
  • 1
  • Processor
  • Weeks/Months
  • Months
  • Always
  • Last 2 Years
  • 680+ FICO
  • Hard Pull
Direct Lenders  
  • 2-3 Years Tax Return
    2-3 Years Financials
  • Lengthy
    Paper Intensive
  • 1
  • Processor
  • Weeks/Months
  • Months
  • Always
  • Last 2 Years
  • 680+ FICO
  • Hard Pull

Customer Reviews