Only available in Arizona, Colorado Connecticut, Florida, Illinois, Indiana, Georgia, Nevada, New Jersey, New Hampshire, New Mexico, New York, Massachusetts, Rhode Island 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.
- 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.