To be eligible, a business must be operated for-profit and meet SBA’s size standards. Some types of businesses are NOT eligible, such as those engaged in lending, real estate development, investment or speculation, pyramid schemes, gambling, and illegal operations. All loans must be used for sound business purposes. The business must be in our area of operations (See Map). SBAC loan officers will decide which product or combination of products best meets your needs.
SBAC offers a variety of loan programs that address virtually all small business-financing needs. There are many available loan funds. SBAC lending professionals will assist you in determining which program or combination of programs is best for you.
Your credit score is an important part of a successful application. An SBAC professional will review your credit report with you to evaluate any mitigating circumstances associated with derogatory reports.