SBA loans for small business
SBA loans give small businesses government-backed funding with lower rates and longer repayment terms than most other options. The Small Business Administration guarantees part of the loan, which lowers the lender's risk and lets you borrow on better terms. Park Business Capital handles the paperwork so you can focus on running your business.
Check your eligibilityWhat an SBA loan is
An SBA loan is funded by a lender and partly guaranteed by the federal government. That guarantee is why the rates are lower and the repayment periods are longer. Startups and businesses with strong credit tend to be the best candidates.
How it works and what you need
The SBA process asks for more documentation than a fast cash product, and approval takes longer. We tell you what to gather and move the file along.
- At least 3 months in business.
- Your 3 most recent business bank statements.
- Strong personal and business credit.
- A completed one-page application to start the match.
Checking your eligibility is a soft pull, so it does not affect your credit score, and there are no application fees.
Benefits and use cases
Lower rates
Lower interest rates than most short-term funding.
Longer terms
Longer repayment terms that keep monthly payments manageable.
Larger amounts
Larger loan amounts for bigger plans.
Owners use SBA loans for steady, long-range moves: buying real estate, funding an expansion, refinancing costlier debt, or purchasing another business. If you need cash in a day, a term loan or line of credit is the faster route.
Common questions
Can a startup get an SBA loan? +
Yes. Startups with strong credit are good candidates for an SBA loan.
How long does funding take? +
SBA loans take longer than other financing options because of the added review. Your specialist gives you a realistic timeline once your file is in.
Will checking my eligibility affect my credit? +
No. Checking your eligibility is a soft pull, so it does not affect your credit score, and there are no application fees.
What do owners use SBA loans for? +
Owners use SBA loans for steady, long-range moves such as buying real estate, funding an expansion, refinancing costlier debt, or purchasing another business. For faster cash, a term loan or line of credit is usually the better route.
Explore more financing options
Apply for an SBA loan
See where you stand without touching your credit. Apply now or contact us with questions.