About SBA Loans

An SBA (Small Business Administration) loan is a long-term, low-interest small business loan that the government partially guarantees.Lenders offer a large amount of money—up to $5 million—suitable for large, one-time and recurring business expenses.

what is an sba loan?



The U.S. Small Business Administration helps small business owners get funding through SBA loans. With their multiple SBA funding programs, this government agency provides SBA loan guarantees of up to 85% of the loan amount provided through an SBA-approved lender. The three main SBA loan programs let you borrow money for nearly any business purpose—including working capital, purchasing inventory or equipment, refinancing other debts, or buying real estate—through these SBA-guaranteed loans.

Maximum Loan Amount

$5K - $5M

Loan Term

5 - 25 years

interest rates

Starting at 6.75%

speed

As fast as 3 weeks

Who Qualifies for an SBA Loan?

Securing an SBA loan is no easy feat…
So how can you get one?
As it turns out, many businesses—including small or newer ones—can qualify for an SBA loan. The most important factor will be your credit score: SBA loans are for business owners with strong borrowing histories.
Be prepared: SBA loans usually require a lot of time, energy, attention, and documentation.
Don’t believe any lender who promises to provide SBA loans today: It's definitely not a loan that you'll apply to and receive the funding for even within a few days. That said, SBA loans are certainly fit for growing your business and refinancing your other debt at the lowest available rates.
You might find it difficult to qualify for an SBA loan if your company has a limited track record or, especially, if your credit is poor. After all, the SBA and your lender are sticking their neck out on the belief that you're a reliable borrower.

Most customers who were approved had:

**Based on The Funding Ninjas past customers.

Annual Revenue

Over $180K

Credit Score

680

Time in Business

Over 4 years

How To Apply


There are many large and local banks that offer SBA loans. These bank lenders will have extensive loan applications, looking closely at the financial details of your business. At a minimum, an SBA loan application at a traditional bank will take a couple of weeks to process.

For an easier and quicker process, you can apply online to our top SBA lenders. 

   Documents you need:

Driver's License

Voided Business Check

Profit & Loss Statements

Bank Statements

Balance Sheet

Business Tax Returns

Business Debt Schedule

Personal Tax Returns

Business Plan

How Do SBA Loans Work?



Almost every small business owner wants to know how to qualify for an SBA loan. As one of the lowest-cost products out there, SBA loans are the holy grail when it comes to growing your business affordably.

But aren't they impossible to get approved for?

At Fellowwanderers Financial Solutions, we've helped thousands of small business owners successfully secure SBA loans. With all that experience—and data—under our belt, we're confident we can give you the information you need to apply for an SBA loan.

By understanding how the product works and what exactly the eligibility requirements are, you'll know if an SBA loan is the right product for your business.

Reasonable interest rates

Our loan rates and charges are very attractive 

Suitable for a wide range of business purposes

Our loan rates and charges are very attractive

Longest payment terms

For funding medical expenses, hospitalization, surgery, No collateral required.

Lowest down payments

All charges are communicated up front in writing along with the loan quotation

SBA Loans: The Fundamentals
How to Choose the Right SBA Loan Program
How to Choose the Right SBA Loan Program

What Will An SBA Loan Cost You?



What’s the bottom line for your business’s bottom line? How much will an SBA loan cost?

Well, the cost and repayment of your SBA loan depends on the program you choose. Here are the fees, interest rates, and repayment terms usually associated with each of SBA’s most popular loan programs.

7(a) SBA Loan Program
CDC/504 SBA Loan Program
Microloan Program

FREQUENTLY ASKED QUESTIONS



If you have a question we are here to help!

Can I pay off my loan early?
Where are you located?

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Now apply for an SBA Loan online, All you need to do is provide your details below application form.

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