Credit Infocenter
Call Lexington Law 800.461.0524 for a FREE Credit Repair Consultation

Eligible For a Small Business Loan - SBA Loans

Will Your Business Qualify for a Small Business Loan?

Last Updated: May 3, 2016

The U.S. Small Business Administration, SBA, offers varied programs to small business owners. These programs provide financial assistance and help owners obtain the working capital they need to start or expand their business. The SBA does not make direct loans to small businesses, rather, it sets the guidelines for loans, which are then made by its lending partners. The SBA guarantees these loans will be repaid, thus eliminating some of the risk to the lending partners.

The following are the guidelines set by the SBA to determine whether your business is considered an eligible small business.

Eligible Businesses

Ineligible Businesses

The following list of business types are not eligible for assistance because of the activities they conduct:

SBA Loan Terms

SBA loan terms are calculated based on your use of proceeds. The following list shows what loan terms are available based on your use of proceeds.

Call 800.461.0524 and speak to a Credit Repair Expert at Lexington Law
Have Questions About Credit Repair? Get Answers with a FREE Consultation
Call Lexington Law 1-800-461-0524