SBA Loans

These loans are guaranteed by the Small Business Administration because of this they offer some of the lowest rates on the market as well as long repayment terms and the ability to borrow up to $5 million. Repayment ranges from 7- 25 years based upon how you plan to use the money. SBA loans are best for strong credit borrowers who have been operating for 2 years and are willing to work on the long application process to expand their business or refinance debt.

Pros

  • Lowest rates on the market
  • Borrow as much as $5 million
  • Longer repayment terms 7-25 years

Cons

  • Long application process
  • More qualifications required

Best for

  • Expanding businesses or refinancing debt
  • Business with good credit willing to wait for funding

Our 3 Step Process

Fill out our Quick Application.

There are no fees or an obligation to apply. Fill out our streamlined online application form. You can also contact our Prosper Agents directly.

We Review Your Application.

We review your goals and present you with programs matching your needs, getting an offer from our network of reputed lenders, usually, within 24 hours.

Receive Funding.

Based on the program option that fulfills your specific funding needs directly into your bank account.

Apply for Free