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SBA Loans

Government-Backed Loans Made Easy
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Small Business Financing Made Easy with SBA Loans

Small businesses are the backbone of the economy, and having access to the right financing can make all the difference in achieving growth and stability. SBA loans provide flexible funding options with government-backed guarantees, making them one of the most reliable ways to secure the capital your business needs to thrive.


Explore the Benefits of SBA Loans for Your Business

SBA loans offer distinct advantages over traditional loans, including lower down payments, longer repayment terms, and more flexible requirements. Backed by the U.S. Small Business Administration, these loans are designed to make financing more accessible.

  • Flexible Use: Funds can cover working capital, real estate, or refinancing.
  • Lower Risk for Lenders: Government-backed guarantees help lenders provide financing to more businesses.
  • Lower Down Payments: Smaller upfront costs make loans more accessible.
  • Longer Repayment Terms: Up to 10 years for non-real estate loans.

Note: For smaller SBA loans ($250,000 and less), we do not offer debt refinancing due to regulatory requirements.


Guide to Applying for an SBA Loan

Applying for an SBA loan doesn’t follow a standard application process. Instead, our team first evaluates your business needs before determining if an SBA enhancement is necessary. If applicable, we will provide a customized list of required financials.

Business Assessment
We begin by understanding your business goals and financing needs to determine if an SBA loan is the right solution.

Documentation Guidance
If an SBA loan is applicable, we will request only the specific financials required for your situation.

Application & Approval
Once documentation is submitted and reviewed, we finalize the loan process and provide funding upon approval.

Note: We do not lend to startup businesses.

Why SBA Loans with Service CU?

SBA loans aren’t just about financing—they’re about finding the right solution for your business growth. With personalized support, competitive rates, and expert guidance, we ensure you get a financing plan tailored to your unique needs.

Call us at 800.296.4644, email BusinessServicesLending2@servicecu.org, or fill out the form below to connect with our business lending specialists. We’re here to help you find the right financing solution for your business needs.

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SBA Loan FAQs

What Is an SBA Loan?

An SBA loan is a business loan partially guaranteed by the U.S. Small Business Administration, offering lower down payments and longer terms to help small businesses access financing not available through traditional lenders.

To qualify for an SBA loan, businesses must meet specific criteria set by the SBA, including:

  • Business Size: The business must meet the SBA’s size standards, which vary by industry.
  • Profit Status: Only for-profit businesses are eligible.
  • U.S. Operation: The business must operate within the United States or its territories.
  • Creditworthiness: The business must demonstrate its ability to repay the loan.

Documentation requirements vary based on the financing request. Since SBA loans are not directly applied for, we first assess your business needs to determine if an SBA enhancement is required.

If applicable, we will provide a customized list of required financials, which may include:

  • Business Financial Statements (profit & loss, balance sheets, cash flow)
  • Tax Returns (business and personal, typically past three years)
  • Additional Documents (based on loan structure and request)

We do not require full financial packages upfront, and we do not lend to startups. Our team will guide you through the process and determine the best financing solution for your business.

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