An SBA Loan is a government-backed small business loan that offers lower rates, longer repayment terms, and easier qualification compared to traditional loans. At Sunspire Strategy, we help business owners navigate the SBA process with confidence.

The most common SBA Loan programs are:

• SBA 7(a) Loan – versatile funding for working capital, equipment, or expansion.

• SBA 504 Loan – long-term financing for real estate and major equipment.

• SBA Microloan – smaller loan amounts, ideal for startups and smaller businesses.

The SBA partially guarantees loans made by approved lenders, reducing the risk for banks and making it easier for businesses to qualify. Borrowers then repay in fixed monthly installments.

Key benefits include lower interest rates, repayment terms up to 25 years, flexible use of funds, and eligibility for both startups and established businesses.

Qualification depends on your credit score, time in business, revenue, and repayment ability. With Sunspire Strategy, we guide you through the requirements to increase approval odds.

Yes. While startups face stricter requirements, programs like the SBA Microloan make financing accessible for new businesses with solid business plans.

Approval times vary by lender and program, but typically range from a few weeks to several months. Sunspire Strategy helps streamline the process for faster funding.