SBA Financing Solutions for Your Growing Business

Elevate your business with our affordable, long-term SBA loan options.

No Obligation,

Product Page

Apply in Minutes

Fill out our online form and get approved quickly.

Compare Options

Both secured and unsecured loans with no personal guarantee.

Customize Terms

Choose what best suits you and your company’s needs.

Get Funded

Funds in as little as 24 hours, directly to your account.

Understanding SBA Loans: A Simplified Guide

Jack P.

Funding Advisor

SBA loans are a top choice for businesses due to their attractive interest rates, long-term repayment options, and generous loan amounts. However, their benefits also mean they have a rigorous qualification process. Understanding the nuances of SBA loans versus traditional Business Term Loans can help you navigate the application seamlessly.

Lowest Interest Rates

Fixed Monthly Payments

Longest Repayment Terms

Suitable for various needs

A Closer Look at SBA Loans

The acronym “SBA” represents the Small Business Administration, a U.S. government agency. The hallmark of SBA Loans is the assurance provided by the SBA, which guarantees a major portion of the loan, minimizing lender risk.

Loan Amounts and Rates:

  • Max Loan Amount: $50K – $5.5M
  • Interest Rates: As low as Prime + 2.75%
  • Loan Duration: 10-25 years
  • Processing Duration: 8-12 weeks
  1. 7(a) Loan Program: Flexible loans for a range of business purposes, from staffing to consolidating debt.
  2. CDC 504 Loan Program: Designed for acquiring major assets like equipment or commercial real estate.
  3. SBA Microloan Program: Modest loans for emerging businesses.
  4. Economic Injury and Disaster Loans (EIDL): For businesses affected by unforeseen events or disasters.

SBA Loans are celebrated for their competitive interest rates. They provide high borrowing ceilings and extended repayment periods, making them perfect for businesses eyeing significant investments.

While SBA Loans are beneficial, they come with strict criteria. The application process can be extensive, and there’s a considerable paperwork requirement.

Typically, eligible businesses have:

  • Annual Revenue: Exceeding $360K
  • Credit Score: 650 or higher
  • Business Tenure: At least 2 years

We collaborate with a select group of SBA lenders to streamline the approval journey. Follow our straightforward steps:

  1. Eligibility Check: Confirm you meet our standards.
  2. Prepare Documents: Assemble the required paperwork.
  3. Online Application: Fill out our digital form.
  4. Discussion: Explore your options with our expert.
  5. Approval & Fund Transfer: Post-approval, receive funds swiftly.

No worries! A rejected SBA loan application isn’t the end. We present a plethora of other financing solutions tailored just for you.

Steps to Secure Business Funding with Sterling Street Financial

1. Submit Your Online Application

Use our user-friendly platform to quickly request funding. Assistance is just a call, chat, or email away.

2. Talk to Our Experts

Our seasoned experts are ready to guide you through every step, ensuring you are armed with all the necessary information.

3. Get Funded!

After approval, funds are swiftly deposited into your account to boost your business growth.

Online Application

Ready to grow your business to new heights?