SBA Loan Programs
All SBA loan programs lend to small businesses unable to secure financing on reasonable terms through normal lending channels. The SBA loan programs are operated through private-sector lenders that provide loans, which are guaranteed by the SBA -- the Agency has no funds for direct lending or grants.
Most private lenders (banks, credit unions, etc.) are familiar with SBA loan programs so interested applicants should contact their local lender for further information and assistance in the SBA loan programs application process..
Special Purpose Programs
The SBA offers a variety of special purpose SBA loan Programs that are often overlooked by small business owners. For example, there are SBA loan programs to aid businesses that export products to other countries.
The first is the SBA Export Working Capital Program. These SBA loan programs target businesses that can generate export sales, but need additional working capital to support those sales. These SBA loan programs will guarantee 90% of $2 million loans.
See If You're Eligible For SBA Loan Programs
Small businesses face unique challenges when they engage in the export and import business. The SBA loan programs aim to help small businesses with these challenges. Their SBA loan programs streamline the loan process for exporters and lenders.
