Give Us a Call 24/7 to Speak to a Loan Specialist: (866) 526-0238
Give Us a Call 24/7 to Speak to a Loan Specialist: (866) 526-0238

SBA Loan Requirements

SBA loans are small business loans provided by private business lenders in which a certain percentage of the business loan is guaranteed by the government. If the small business owner should default on the business loan, the SBA would cover up to 80% of the business lender’s losses.

Since the small business lenders have a reduced amount of risk (being the SBA will cover a percentage of the lenders losses) the banks are much more inclined to approve a business loan that would have been borderline without the SBA loan enhancement.

What are the SBA's Loan Requirements?

  • Small business must be for-profit
  • Business less than 500 employees and $7.5 million in average annual revenue
  • Conduct their business within the U.S.
  • Business owner must have equity to get an SBA loan
  • Business owner must show a need for the commercial loan
  • Small business owner can’t be delinquent on any existing debt to the U.S. government

What Businesses are Ineligible For SBA Loans?

  • Financial business engaged in lending
  • Life Insurance companies
  • Small Businesses located in foreign countries
  • Private Clubs
  • Government owned entities
  • Small businesses primarily engaged in teaching
  • SBA Loan packagers earning more than 1/3 of their gross annual revenue from packaging SBA loans
  • Small businesses where SBA lender owns an equity interest
  • Businesses engaged in lobbying

Who We Are

GUD Capital is a nationally recognized leader in the financing industry for providing the best business lending solutions available to small and mid-sized businesses. We leverage our network of 4,000 competing commercial lenders to provide your business the largest selection of commercial financing options.

Get Started

Recent Posts

Vegan & Vegetarian Restaurant Loans
November 21, 2017
Barber Shop Loans: Financing & Working Capital For Barbers
November 15, 2017
10 Best Merchant Cash Advance Tips: How to Get the Best Business Cash Advance
October 11, 2017
High Risk Working Capital: Cash Flow for High Risk Small Businesses
October 10, 2017
Alternative Business Loans With Bad Credit: Nontraditional Bad Credit Lenders
October 5, 2017
Pet Grooming Business Loans: Financing For Pet Groomers
October 4, 2017
Business Loans To Pay Taxes: Business Tax Funding Options
October 3, 2017
Business Bridge Loans: How to Get Bridge Financing For Working Capital?
September 27, 2017
Growth Capital: How to Get Capital to Grow Your Business
August 29, 2017
Alternative Business Funding: What are the Alternative Commercial Funding Options?
August 23, 2017
Secured Business Loans: How to Get the Best Secured Financing for Your Company?
August 14, 2017
Commercial Mortgage Brokers: How a Commercial Mortgage Broker Helps with Commercial Lending
August 9, 2017
No Collateral Business Loans: How to Get an Unsecured Business Funding Without Providing Collateral
August 8, 2017
Long Term Business Loans: Long-Term Small Business Lending Options
August 7, 2017
Physical Therapy Business Loans: Financing For Physical Therapist Practices
August 3, 2017
Franchise Working Capital: Short-Term Funding Options for Franchises
August 1, 2017
Cannabis Business Loans: Dispensary Financing and Marijuana Industry Investment
July 26, 2017
Commercial Loan Broker: Types of Commercial Finance Brokers
July 19, 2017
Utah Business Loans: Financing For Utah Small Businesses
July 18, 2017
Georgia Business Loans: Financing For Peach State Small Businesses
July 17, 2017
Low Doc Business Loans: Financing with Low or No Documents:
July 12, 2017
Arizona Business Loans: Financing For Arizona Companies
July 11, 2017
Investment Real Estate Loans: Financing For Investment Properties
July 10, 2017
Commercial Balloon Refinancing: How to Refinance Commercial Balloon Mortgage
July 8, 2017
Office Building Loans: Commercial Financing and Mortgages For Office Buildings
July 3, 2017