What are SBA loans?

SBA loans are long-term small business loans partially guaranteed by the government. The U.S. Small Business Administration is a federal agency committed to furthering the growth and development of small businesses and partners with lenders nationwide in their loan programs.

How SBA loans work

Unlike conventional term loans, an SBA Loan offers business owners the opportunity to take advantage of favorable terms as part of the SBA program, while removing some of the barriers to traditional financing options.

As a Preferred SBA Lender, our program offers a faster loan process with reduced paperwork. We customize SBA loans based on the unique needs of the business owner.

Compare SBA loan options and benefits

SBA 7(a) business loan*

Government-backed term loan for the acquisition or expansion of a small business.

Key benefits:

  • Loan amounts up to $5 million
  • Terms up to 10 years for business acquisition, equipment or tenant improvement
  • Terms up to 10 years for working capital and inventory
  • Flexible collateral options

Best for:

  • Business acquisition, partner buyout and partial buy-in
  • Equipment
  • Debt refinance, working capital and inventory
  • Tenant improvement
  • For-profit businesses

SBA 7(a) real estate loan*

Government-backed term loan for the purchase, refinance or construction of commercial real estate.

Key benefits:

  • Loan amounts up to $5 million
  • Additional $2 million direct funding by U.S. Bank (SBA 7 (a) Pari Passu loan)
  • Terms up to 25 years
  • Fully amortized, no balloon payments

Best for:

  • Owner-user commercial real estate purchase
  • Expansion
  • Refinance or construction
  • For-profit businesses

SBA 504 real estate loan

Government-backed term loan for the purchase, refinance or construction of commercial real estate.

Key benefits:

  • Loan amounts up to $12.375 million**
  • U.S. Bank loan terms 25 years
  • CDC loan terms 25 years
  • Equipment loan terms 10 years

Best for:

  • Owner-user commercial real estate purchase
  • Refinance
  • Construction
  • For-profit businesses

Referral network resources

If you’re a professional in commercial real estate, lending or finance-related industry, contact a banker to learn how our SBA Division can assist you and your business customers.

*Based on WSJ Prime interest rates
** Larger projects can be considered

Business Lending

If you need between $5,000 and $250,000, U.S. Bank offers easy access to funding for small businesses with a streamlined online application process.

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Disclosures

Subject to credit approval and program guidelines. SBA loans are subject to SBA eligibility guidelines. U.S. Bank and/or third-party fees may apply. Certain restrictions apply to refinancing options and are subject to program terms.

Financing maximums and terms are determined by borrower qualifications and use of funds.

U.S. Bank and its representatives do not provide tax or legal advice. Your tax and financial situation is unique. You should consult your tax and/or legal advisor for advice and information concerning your particular situation.

Credit products offered by U.S. Bank National Association and subject to normal credit approval.