Bankrate Rating = 4.8/5
Bankrate scores are objectively determined by our editorial team. Our scoring formula weighs several factors consumers should consider when choosing financial products and services.
SBA small business loans are issued by private lenders like banks, CDFIs and nonprofit community lenders. But they’re partially guaranteed by the federal government, helping to provide low-interest loans and lines of credit to many types of small business owners who struggle to qualify for traditional loans.
Varies; Up to $5.5 million
Varies; from 6.81 percent to 16.50 percent
Varies; up to 25 years
Min. annual revenue
Min. time in business