Government-Backed Loans with Low Rates and Long Terms
SBA loans offer some of the best rates available to small businesses — lower payments, longer terms, and flexible uses. Springboard guides you through every step of qualification and documentation.
What SBA loans are used for
Flexible Funding for Nearly Any Business Need
SBA 7(a) loans are the most versatile small business financing available — here are the most common uses.
Available programs
Three Powerful SBA Programs — We Handle All of Them
Springboard works with lender networks offering the SBA 7(a) Working Capital program, the SBA Made in America Loan, and the new SBA Grocery Guarantee loan. Here's what each offers.
Working Capital Loan
Up to $350,000 · Prime + 2.75% to 3.75% · 10-year term
No MCA within the past 6 months. Lien position max 4th on all business assets. Fees collected from loan proceeds.
Made in America Loan
Up to $5M · WSJ Prime + 3.00% · 10-year term
Designed for businesses modernizing facilities, diversifying supply chains, relocating production to the U.S., or expanding domestic workforce.
Grocery Guarantee Loan
Up to $5M · Up to 90% SBA Guarantee · Food Supply Chain
New SBA expansion covering the entire food ecosystem — farms and ranches upstream, processors and warehouses midstream, distributors and grocery retailers downstream. Goal: increase domestic food supply and reduce grocery prices.
🛒 New Program Spotlight
SBA Grocery Guarantee — Who Qualifies?
The SBA intentionally opened eligibility across the entire U.S. food supply chain — from farm to shelf. If your business touches food in any way, you may qualify.
1. Agriculture & Primary Production
- Crop farming — grain, vegetables, fruit, nuts
- Livestock & ranching — cattle, hogs, poultry
- Dairy operations
- Aquaculture & commercial fishing
- Support services — harvesting, breeding, etc.
2. Food Processing & Manufacturing
- Food manufacturing — packaged, frozen, dairy
- Meat processing plants
- Beverage production
- Ingredient processing
- Goal: expand domestic production capacity
3. Distribution, Logistics & Infrastructure
- Refrigerated warehousing & cold storage
- Food distribution companies
- Grocery wholesalers
- Freight trucking — especially temperature-controlled
- Supply chain logistics providers
4. Retail — Grocery-Focused
- Grocery stores & supermarkets
- Food-focused retail operations
- Wholesale-to-retail supply chains
- Grocery retailers explicitly included — unlike traditional SBA ITL rules
SBA Real Estate Financing
SBA 7(a) & 504 — Built for Commercial Property
If your business occupies or plans to own its commercial space, SBA real estate programs offer below-market rates, low down payments, and terms up to 25 years — far better than conventional commercial mortgages.
SBA 7(a) Real Estate Loan
Up to $5M · Up to 25-year term · Owner-occupied
Best for businesses that want one loan covering real estate plus working capital or equipment in a single closing. More flexible than the 504 but rates may be slightly higher.
SBA 504 Loan Program
Up to $5.5M SBA portion · Fixed below-market rate · 10/20/25 yr terms
Best for businesses purchasing or constructing large commercial property. The fixed rate on the SBA portion provides long-term payment certainty — ideal for planning.
Quick comparison
7(a) vs 504 — Which is right for you?
Both programs require owner-occupancy and offer low down payments — here's how they differ.
More flexibility — easier to combine uses in a single closing
Faster closing — simpler structure, fewer parties involved
Smaller projects or refinancing existing commercial property
Long-term certainty — fixed payments for 20–25 years
Larger projects — total project costs of $1M and above
New construction or major ground-up development
What you'll need
Documents & Eligibility at a Glance
📄 Documents for loans up to $350,000
- Two most recent business tax returns
- Most recent personal tax return
- Business bank statements — past 6 months
- Business debt schedule (if applicable)
📄 Documents for loans over $350,001
- Three most recent business tax returns
- Most recent personal tax return
- Business bank statements — past 12 months
- Debt schedule for business, affiliates, and personal guarantors
- Interim P&L Statement and Balance Sheet (within 90 days)
✅ General eligibility requirements
- FICO 600+ for all majority owners
- SBSS score 170+ (180+ for 0-employee businesses)
- $100,000+ annual gross revenue
- 2+ years in business (based on filed tax returns)
- 100% U.S. citizen ownership
- Active and in good standing with Secretary of State
- U.S.-based operations
- No active bankruptcy
⚠️ Disqualifying factors
- ·Financial felony conviction (any time)
- ·Non-financial felony within past 7 years
- ·Active incarceration
- ·Currently in bankruptcy
- ·On government sanctions list
- ·MCA taken within last 6 months (7(a) program)
Do you qualify?
Let Ralph find the right SBA program for your business
With 30 years of commercial lending experience, Ralph will match you to the right program and walk you through every document — no runaround.
Get Your Free SBA Funding Review
You're all set!
Your SBA review request has been sent to Ralph. Expect a personal response within 1 business hour.
Client feedback
What business owners say
"We secured an SBA 7(a) loan for equipment through Springboard. The process was clear and they guided us through every document."
"Ralph helped us close a commercial bridge loan in under two weeks when our bank said it would take months. Exceptional service."
"Our bank turned us down. Springboard found us a lender within 48 hours and we were funded within the week. Highly recommend."