SBA Community Advantage Loan

Only available in Arizona, Colorado, Illinois, Indiana, Nevada, New Mexico, and Texas

 

SBA Community Advantage loans range from $50,000 to $250,000 are for established businesses with less than 100 employees or partially funded start-up businesses that need a large loan to scale. These loans can be used for things like working capital, vehicle purchases, inventory, equipment, marketing, expansion, and business or franchise purchase.

 

Qualification Details:
  • Credit score of 575 or higher.
  • Sufficient cash flow to support monthly loan payments.
  • Established businesses must show 2 years of revenue
  • Start-up businesses must have a minimum of 20% of total costs invested with a business plan
  • Other criteria may apply

 

If you have questions about your eligibility for this program, Contact Us.