The SBA works with lenders to provide loans to small businesses. The agency doesn’t lend money directly to small business owners. Instead, it sets guidelines for loans made by its partnering lenders, community development organizations, and micro-lending institutions. The SBA reduces the risk for lenders and makes it easier for them to access capital. That makes it easier for small businesses to get loans.
SBA guaranteed loans generally have rates and fees that are comparable to non-guaranteed loans.
Counseling and Education
Some loans come with continued support to help you start and run your business.
Lower down payments, flexible overhead requirements, and no collateral needed for some loans.