SBA Community Advantage Loan

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.

 

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.