SBA Programs

InSource Business Finance is a specialist in SBA Loan programs.

An SBA Loan is a loan granted by financial institutions and “guaranteed” by the backing of the United States Government. It is not the aim of the program to guaranty loans to businesses which might be identified as high risk, unbankable, or without a reasonable assurance of repayment ability.  Another words, an SBA guaranty does not make a bad loan, good. Rather, the SBA’s purpose is to provide a guarantee to the Lender to entice them to grant a loan they might not otherwise make.

WHY AN SBA LOAN?

There are three basic reasons why a business owner would turn to the SBA for a guaranteed loan.

1. In many instances, bank policy prohibits lenders from making loans to start up businesses. With an SBA guarantee, a lender can now entertain this type of request.
2. The terms and conditions provided by an SBA guaranteed loan allow the borrower a longer term repayment schedule.
3. Traditionally, banks require that sufficient assets be pledged to adequately secure their loans. Often, there is a collateral deficiency. This, however, does not preclude an applicant from applying for an SBA guaranteed loan.

Learn more by clicking one of the links below:

[ SBA Qualification Questions ] [ Ineligible Use of Funds ] [ SBA Eligibility ] [ SBA Supported Programs ]