SBA loans are all we know! Many resources are available to you to find the funding that best suites your needs. But with sbaloansHQ you aren't just getting thrown into some algorithm, you're dealing with live SBA experts that know exactly how to get your project funded.

Absolutely! Many banks offer SBA lending services. The problem most people run into with dealing directly with their bank is time. Firstly, some banks just are not set up to deal with SBA loans efficiently. Second, if there was another bank our there that could offer you better terms or get your deal done more quickly, wouldn't you want to know?

In some cases, yes! One of the most prominent benefits of an SBA loan versus a conventional loan is the out of pocket costs. Existing businesses can typically borrow funds for real estate purchases, expansions, equipment, or working capital with little to no money out of pocket. We can also finance a partner buyout situation in most cases with no down payment. If you are just starting out or buying an existing business, we'll typically look for 5% to 10% of the project costs to be contributed by the buyer.

We’ve closed acquisition loans as fast as 30 days from the initial loan proposal, while others have taken several months. The average time is 10 weeks. In most all cases, the buyer and seller get to dictate the closing date. As a buyer you’ll want to work plenty
of time into the contract to do your own due diligence, while we work in the background.

These projects are some of our favorites. We work with lenders who view your existing time spent in the business as your equity, and don't require you as the buyer to contribute any cash down payment. Between the seller and the SBA loan, we can finance the purchase price, working capital, closing costs, and anything else that my be needed into the project.

Compared to a conventional business loan, SBA loans typically offer more favorable terms. The exact interest rate and loan term are chosen by the lender, but fall under SBA's guidelines which conventional loans don't have to follow.

For sure! Many times, when you buy a business there are not enough hard assets (think equipment/real estate) to secure a conventional loan. SBA loans provide a government backing, and allow lenders to make loans to businesses that aren't always fully collateralized.

We offer a tiered approach to our pricing, which varies based on how you think we can serve you best. There aren’t any application fees, so you always know exactly what you’re signing up for.

Yes! New SBA rules and regulations that came out in 2023 allow for the "partial buyout" of a company. Meaning, you can get a loan to buy stock from a current owner, while they retain some ownership themselves. If it is structured correctly, the seller doesn't need to sign on your new loan, and you don't need any down payment.

Yep! We have always been able to count seller financing as part of your down payment, but it was limited and had to be on standby for the life of the SBA loan. Under the new guidelines, the seller financing can count towards the entire equity injections AND it only needs to be on standby for 24 months. Depending on your down payment, we can also allow interest only payments for the standby period.