Global Trade Center 7697 Innovation Way, Suite # 200 Mason, OH 45040
(844) 467-7973

Apply Online

Securely complete our pre-qualification form online or call us at (844)-INSPYRE.

Loan Package

We work with you to prepare and submit the combined loan package for SBA & the Lender.

Receive Funds

The time to fund varies by loan type and lender- typically between 3-8 weeks

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What are SBA Loans?

Low interest, long term loans: US Small Business Administration (SBA) Loans are low interest, long-term loans for new and established small businesses.

Guaranteed by SBA: SBA does not fund these loans. However, it partially guarantees them to the participating banks and other lenders who actually provide these loans. Should the borrower default, SBA reimburses the lender with up to 85% of the loan amount.

What are SBA Loans?

Low interest, long term loans: US Small Business Administration (SBA) Loans are low interest, long-term loans for new and established small businesses.

Guaranteed by SBA: SBA does not fund these loans. However, it partially guarantees them to the participating banks and other lenders who actually provide these loans. Should the borrower default, SBA reimburses the lender with up to 85% of the loan amount.

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What’s great about SBA Loans?

Lenders are more willing to lend: As the guaranty reduces risk of the lenders in the event of default, they are more willing to lend to small businesses under SBA programs.

Easier for Small Businesses to qualify: As a result, many small businesses that would otherwise not qualify for bank loans are able to borrow low cost capital for longer terms.

Access to affordable long term capital: SBA guaranteed loans provide a huge opportunity for small businesses to gain access to affordable, long term capital to start, expand and grow their business.

What’s not so great about SBA Loans?

Extensive documentation & lengthy process: While SBA loans are desirable, the application requires considerable documentation and the loan process can be relatively lengthy.

Require good credit history: SBA loans generally require a good credit history, a collateral and personal guarantee to secure the loan, and preparation of a loan package for the lender including a business plan with future projections.

Stringent eligibility criteria: Considering the stringent eligibility criteria, extensive documentation and relatively arduous funding process, many small businesses tend to shy away from these generous federally sponsored loans.

SBA Loans We Service

SBA Express Loan

SBA’s fastest loan program: Guaranteed up to 50%, reviewed by SBA within 36 hours, an SBA Express Loan is SBA’s fastest loan program.

Key Features

  • Loan Amount: up to $350,000
  • Interest Rate: prime + (maximum of 6.5%)
  • Time to fund: 30 – 45 days
  • Term: 5-10 years

Use of funds: An SBA Express Loan may be used for working capital, purchasing equipment, renovations, real estate and more but cannot be used to reimburse an owner for previous investments in the business, pay delinquent withholding taxes, or for purposes not deemed “sound for business”.

SBA 7 (A) Loan

SBA’s most popular loan program: SBA 7 (a) loans are small business loans up to $5 million. Guaranteed up to 85%, this is by far SBAs most popular loan program as its repayment term can extend up to 25 years, interest rates are low, and it can be used for a wide range of business purposes.

Key Features

  • Loan Amount: up to $5 million
  • Interest Rate: prime + (maximum of 4.75%)
  • Time to fund: 45 – 60 days
  • Term: 7-25 years

If you’re looking for low cost-long term traditional small business loan, this option should absolutely be on your list.

Here’s how we can help!

As much as they may seem intimidating, SBA Loans are perfect to fuel the growth and success of our nation’s small business. Count on our experienced team to qualify you for the program and prepare the combined loan package for SBA and the Lender to get you funded quickly and efficiently.

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Ready to grow your business with us?

Let us help you unlock your business potential.