{"id":19867,"date":"2023-01-30T16:52:00","date_gmt":"2023-01-30T16:52:00","guid":{"rendered":"https:\/\/swoopfunding.com\/us\/?page_id=19867"},"modified":"2024-09-04T11:19:53","modified_gmt":"2024-09-04T11:19:53","slug":"sba-loans","status":"publish","type":"page","link":"https:\/\/swoopfunding.com\/us\/sba-loans\/","title":{"rendered":"SBA Loans"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"19867\" class=\"elementor elementor-19867\" data-elementor-post-type=\"page\">\n\t\t\t\t<div class=\"elementor-element elementor-element-5bd4270c e-flex e-con-boxed e-con e-parent\" data-id=\"5bd4270c\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-4c294ded e-con-full e-flex e-con e-child\" data-id=\"4c294ded\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-8c1d7f8 elementor-hidden-tablet elementor-hidden-mobile elementor-widget elementor-widget-image\" data-id=\"8c1d7f8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" loading=\"lazy\" width=\"331\" height=\"324\" src=\"https:\/\/swoopfunding.com\/us\/wp-content\/uploads\/sites\/3\/2024\/09\/persona-sectors-dollar.png\" class=\"attachment-full size-full wp-image-37679\" alt=\"\" srcset=\"https:\/\/swoopfunding.com\/us\/wp-content\/uploads\/sites\/3\/2024\/09\/persona-sectors-dollar.png 331w, https:\/\/swoopfunding.com\/us\/wp-content\/uploads\/sites\/3\/2024\/09\/persona-sectors-dollar-300x294.png 300w, https:\/\/swoopfunding.com\/us\/wp-content\/uploads\/sites\/3\/2024\/09\/persona-sectors-dollar-20x20.png 20w, https:\/\/swoopfunding.com\/us\/wp-content\/uploads\/sites\/3\/2024\/09\/persona-sectors-dollar-80x78.png 80w\" sizes=\"auto, (max-width: 331px) 100vw, 331px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-5a223094 e-con-full e-flex e-con e-child\" data-id=\"5a223094\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-6346be6e elementor-widget elementor-widget-heading\" data-id=\"6346be6e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">SBA Loans<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-72fe5443 elementor-widget elementor-widget-heading\" data-id=\"72fe5443\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Discover the SBA funding solution for your business that meets the demands of your sector<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-67ebdeac e-con-full e-flex e-con e-child\" data-id=\"67ebdeac\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-4f857f93 elementor-widget-mobile__width-initial elementor-hidden-tablet elementor-hidden-mobile elementor-widget elementor-widget-image\" data-id=\"4f857f93\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" loading=\"lazy\" width=\"343\" height=\"343\" src=\"https:\/\/swoopfunding.com\/us\/wp-content\/uploads\/sites\/3\/2022\/12\/persona2-savingshub.svg\" class=\"attachment-full size-full wp-image-19691\" alt=\"\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-972bf0c e-flex e-con-boxed e-con e-parent\" data-id=\"972bf0c\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-471e1e3 question elementor-widget elementor-widget-heading\" data-id=\"471e1e3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What is an SBA loan?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9a0600b answer elementor-widget elementor-widget-text-editor\" data-id=\"9a0600b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>An SBA loan is a loan that is issued and partially backed by the <a href=\"https:\/\/www.sba.gov\/\" target=\"_blank\" rel=\"noopener\">Small Business Administration (SBA)<\/a>. The SBA plays a role in helping small businesses gain access to capital they need to start, grow, and expand their operations. The SBA offers several loan programs, such as the <a href=\"https:\/\/swoopfunding.com\/us\/sba-loans\/sba-7a-loans\/\">SBA 7 (a) loan<\/a> program and the <a href=\"https:\/\/swoopfunding.com\/us\/sba-loans\/sba-504-loans\/\">SBA 504 loan<\/a> program, that provide businesses with the funds they need for their ventures. SBA loans typically have competitive interest rates and long repayment terms, making them an attractive option for businesses seeking capital.<\/p><p>To find out more about a specific type of SBA loan, please click one of the options below, or use our <a href=\"https:\/\/swoopfunding.com\/us\/sba-loan-calculator\/\">SBA loan calculator<\/a>.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-1e9c76a5 e-flex e-con-boxed e-con e-parent\" data-id=\"1e9c76a5\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-ff9dea9 elementor-widget elementor-widget-ucaddon_sba_loans\" data-id=\"ff9dea9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ucaddon_sba_loans.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n\n\t\t\t\n <div class=\"grid-sectors\">\n <div class=\"section-sectors\">\n <h2>SBA guidance<\/h2>\n \n <div class=\"list-sectors\">\n <a href=\"https:\/\/swoopfunding.com\/us\/sba-loans\/can-you-have-multiple-sba-loans\/\">Can you have multiple SBA loans<\/a>\n <a href=\"https:\/\/swoopfunding.com\/us\/sba-loans\/sba-working-capital-loans\/pilot-program\/\">SBA working capital pilot program<\/a>\n <a href=\"https:\/\/swoopfunding.com\/us\/sba-loans\/sba-disaster-loan-denied\/\">Why has my SBA disaster loan been denied?<\/a>\n <a href=\"https:\/\/swoopfunding.com\/us\/sba-loans\/sba-loans-for-veterans\/veterans-rates\/\">SBA loan rates for veterans<\/a>\n <a href=\"https:\/\/swoopfunding.com\/us\/sba-loans\/sba-loan-lenders\/\">SBA loan lenders<\/a>\n <a href=\"https:\/\/swoopfunding.com\/us\/sba-loans\/how-to-fill-out-an-sba-loan-forgiveness-application\/\">How to fill out an SBA loan forgiveness application<\/a>\n <a href=\"https:\/\/swoopfunding.com\/us\/sba-loans\/how-much-is-an-sba-loan-down-payment\/\">How much is an SBA loan down payment?<\/a>\n <a href=\"https:\/\/swoopfunding.com\/us\/sba-loans\/how-to-fill-out-sba-form-413\/\">How to fill out SBA Form 413<\/a>\n <a href=\"https:\/\/swoopfunding.com\/us\/sba-loans\/how-to-fill-out-sba-form-1919\/\">How to fill out SBA Form 1919<\/a>\n <a href=\"https:\/\/swoopfunding.com\/us\/sba-loans\/how-to-get-an-sba-loan\/\">How to get an SBA loan<\/a>\n <a href=\"https:\/\/swoopfunding.com\/us\/sba-loans\/sba-hazard-insurance\/\">SBA hazard insurance<\/a>\n <a href=\"https:\/\/swoopfunding.com\/us\/sba-loans\/ppp-sba-loans\/\">PPP SBA loans<\/a>\n <a href=\"https:\/\/swoopfunding.com\/us\/sba-loans\/sba-loan-credit-score\/\">SBA loan credit score \u2013 what is required?<\/a>\n <a href=\"https:\/\/swoopfunding.com\/us\/sba-loans\/sba-loan-forgiveness-for-self-employed-workers\/\">SBA loan forgiveness for self-employed workers<\/a>\n <a href=\"https:\/\/swoopfunding.com\/us\/sba-loans\/sba-loan-approval-timeline\/\">SBA loan approval timeline<\/a>\n <a href=\"https:\/\/swoopfunding.com\/us\/sba-loans\/sba-loan-equity-injection\/\">SBA equity injection<\/a>\n <a href=\"https:\/\/swoopfunding.com\/us\/sba-loans\/sba-7a-vs-504-loans\/\">SBA 7(a) vs 504 loans<\/a>\n <a href=\"https:\/\/swoopfunding.com\/us\/sba-loans\/sba-loan-application-process\/\">SBA loan application process<\/a>\n <a href=\"https:\/\/swoopfunding.com\/us\/sba-loans\/sba-loan-approval-rate\/\">SBA loan approval rate<\/a>\n <a href=\"https:\/\/swoopfunding.com\/us\/sba-loans\/sba-loan-guarantees-explained\/\">SBA loan guarantees explained<\/a>\n <a href=\"https:\/\/swoopfunding.com\/us\/sba-loans\/sba-loan-rates\/\">SBA loan rates<\/a>\n <a href=\"https:\/\/swoopfunding.com\/us\/sba-loans\/sba-loan-requirements\/\">SBA loan requirements<\/a>\n <a href=\"https:\/\/swoopfunding.com\/us\/sba-loans\/sba-loans-vs-conventional-loans\/\">SBA loans vs conventional loans<\/a>\n <a href=\"https:\/\/swoopfunding.com\/us\/sba-loans\/what-is-the-average-sba-loan-size\/\">What is the average SBA loan size?<\/a>\n <a href=\"https:\/\/swoopfunding.com\/us\/sba-loans\/what-happens-if-you-cant-pay-your-sba-loan\/\">What happens if you can't pay your SBA loan?<\/a>\n <\/div>\n <\/div>\n <div class=\"section-sectors\">\n <h2>SBA funding options<\/h2>\n \n <div class=\"list-sectors\">\n <a href=\"https:\/\/swoopfunding.com\/us\/sba-loans\/sba-504-loans\/\">SBA 504 loans<\/a>\n <a href=\"https:\/\/swoopfunding.com\/us\/sba-loans\/sba-7a-loans\/\">SBA 7(a) loans<\/a>\n <a href=\"https:\/\/swoopfunding.com\/us\/sba-loans\/sba-8a-program\/\">SBA 8(a) program<\/a>\n <a href=\"https:\/\/swoopfunding.com\/us\/sba-loans\/sba-business-acquisition-loans\/\">SBA business acquisition loans<\/a>\n <a href=\"https:\/\/swoopfunding.com\/us\/sba-loans\/sba-community-advantage-loans\/\">SBA community advantage loans<\/a>\n <a href=\"https:\/\/swoopfunding.com\/us\/sba-loans\/sba-franchise-loans\/\">SBA franchise loans<\/a>\n <a href=\"https:\/\/swoopfunding.com\/us\/sba-loans\/sba-line-of-credit\/\">SBA line of credit<\/a>\n <a href=\"https:\/\/swoopfunding.com\/us\/sba-loans\/sba-loans-for-llcs\/\">SBA loans for LLCs<\/a>\n <a href=\"https:\/\/swoopfunding.com\/us\/sba-loans\/sba-loans-for-minorities\/\">SBA loans for minorities<\/a>\n <a href=\"https:\/\/swoopfunding.com\/us\/sba-loans\/sba-working-capital-loans\/\">SBA working capital loans<\/a>\n <a href=\"https:\/\/swoopfunding.com\/us\/sba-loans\/sba-loans-for-rental-properties\/\">SBA loans for rental properties<\/a>\n <a href=\"https:\/\/swoopfunding.com\/us\/sba-loans\/sba-microloans\/\">SBA microloans<\/a>\n <a href=\"https:\/\/swoopfunding.com\/us\/sba-loans\/sba-loans-for-self-employed\/\">SBA loans for self-employed<\/a>\n <a href=\"https:\/\/swoopfunding.com\/us\/sba-loans\/sba-loans-for-veterans\/\">SBA loans for veterans<\/a>\n <a href=\"https:\/\/swoopfunding.com\/us\/sba-loans\/sba-loans-for-women\/\">SBA loans for women<\/a>\n <a href=\"https:\/\/swoopfunding.com\/us\/sba-loans\/sba-patriot-express-loans\/\">SBA Patriot Express loans<\/a>\n <a href=\"https:\/\/swoopfunding.com\/us\/sba-loans\/sba-real-estate-loans\/\">SBA real estate loans<\/a>\n <a href=\"https:\/\/swoopfunding.com\/us\/sba-loans\/sba-startup-loans\/\">SBA startup loans<\/a>\n <\/div>\n <\/div>\n <\/div>\n\n\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-215d2c5 e-flex e-con-boxed e-con e-child\" data-id=\"215d2c5\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-f85f7a5 question elementor-widget elementor-widget-heading\" data-id=\"f85f7a5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">How do SBA loans work?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c404895 answer elementor-widget elementor-widget-text-editor\" data-id=\"c404895\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>SBA loans are loans that are guaranteed by the U.S. Small Business Administration (SBA). The SBA does not actually provide the loans themselves, but rather guarantees a portion of the loan provided by participating lenders, such as banks or credit unions.<\/p><p>Here are the general steps to obtain an SBA loan:<\/p><ul><li><strong>Determine if you qualify<\/strong>: The SBA sets certain eligibility requirements that businesses must meet to qualify for an SBA loan. Some of these requirements include having a sound business purpose, operating for profit, meeting SBA size standards, having good character, and demonstrating the ability to repay the loan.<\/li><li><strong>Choose the right SBA loan program<\/strong>: The SBA offers several loan programs, including <a href=\"https:\/\/swoopfunding.com\/us\/sba-loans\/sba-7a-loans\/\">7(a) loans<\/a>, <a href=\"https:\/\/swoopfunding.com\/us\/sba-loans\/sba-microloans\/\">microloans<\/a>, CDC\/<a href=\"https:\/\/swoopfunding.com\/us\/sba-loans\/sba-504-loans\/\">504 loans<\/a>, and disaster loans. Each program has different requirements and purposes, so it&#8217;s important to choose the right one for your business.<\/li><li><strong>Find an SBA-approved lender<\/strong>: Not all lenders participate in the SBA loan program, so you will need to find an SBA-approved lender. You can search for lenders on the <a href=\"https:\/\/www.sba.gov\/\" target=\"_blank\" rel=\"noopener\">SBA website<\/a> or ask for referrals from other business owners.<\/li><li><strong>Submit your application<\/strong>: Once you have chosen a lender, you will need to submit an SBA loan application. The application will require detailed information about your business, including your financial history, <a href=\"https:\/\/swoopfunding.com\/us\/business-loan-calculator\/revenue-calculator\/\">revenue projections<\/a>, and how you plan to use the loan.<\/li><li><strong>Wait for approval<\/strong>: The lender will review your application and determine if you are eligible for an SBA loan. If approved, the lender will work with you to finalize the loan amount, terms, and repayment schedule.<\/li><li><strong>Receive funding<\/strong>: Once the loan is approved, you will receive the funds and can begin using them for the purpose outlined in your application.<\/li><\/ul><p>It&#8217;s important to note that SBA loans can be more difficult to obtain than other types of loans because of the eligibility requirements and the lengthy application process. However, they can be a good option for businesses that may not qualify for traditional bank loans or need longer repayment terms.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-51de629 e-flex e-con-boxed e-con e-child\" data-id=\"51de629\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-2135eaa elementor-widget elementor-widget-heading\" data-id=\"2135eaa\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">SBA loan calculator<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e24ffc7 elementor-widget elementor-widget-ucaddon_sba_7a_loan_calculator\" data-id=\"e24ffc7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ucaddon_sba_7a_loan_calculator.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n\n\t\t\t\n \n \n <div class=\"sba-7a-loan-calculator form-calculator\" >\n <div class=\"left_column\">\n <p class=\"title\">Your loan details<\/p>\n\n <form id=\"sba-7a-loan-calculator\" method=\"post\">\n <div class=\"form-group\">\n <label for=\"loanAmount\">Loan amount<\/label>\n\n <div class=\"input-group mb-3\">\n <div class=\"input-group-prepend\">\n <span class=\"input-group-text\">$<\/span>\n <\/div>\n <input type=\"text\" id=\"loan-amount\" name=\"loan-amount\" class=\"form-control mask-money\" value=\"5000\" aria-label=\"Loan amount\" inputmode=\"numeric\" required>\n <div class=\"input-group-append\">\n <span class=\"input-group-text\">.00<\/span>\n <\/div>\n <\/div>\n\n <\/div>\n\n <div class=\"form-group\">\n <div class=\"label_and_numbers\">\n <label for=\"interest-rate\">Interest rate (9 - 10.75%)<\/label>\n <div class=\"tag-number\">\n <span id=\"interest-rate-display\" class=\"value-tag\">-<\/span> % <\/div>\n <\/div>\n <div class=\"input-group mb-3\">\n <input type=\"range\" class=\"slider\" min=\"9\" max=\"10.75\" step=\"0.25\" id=\"interest-rate\" name=\"interest-rate\" value=\"9\" required>\n <\/div>\n <\/div>\n\n <div class=\"form-group\">\n <div class=\"label_and_numbers\">\n <label for=\"loan-term\">Term<\/label>\n <div class=\"tag-number\">\n <span id=\"loan-term-display\" class=\"value-tag\">-<\/span> years <\/div>\n <\/div>\n <div class=\"input-group mb-3\">\n <input type=\"range\" class=\"slider\" min=\"7\" max=\"25\" step=\"1\" id=\"loan-term\" name=\"loan-term\" value=\"7\" required>\n <\/div>\n <\/div>\n\n <\/form>\n\n <p class=\"note-calculator\">This calculator is intended for illustration purposes only and exact payment terms should be agreed with a lender before taking out a loan.<\/p>\n\n <\/div>\n <div class=\"right_column\">\n <p class=\"title\">Your results<\/p>\n <div class=\"show-number\">\n <p class=\"title-result\">Total payments<\/p>\n <p class=\"number-result\"><span id=\"total-payments\">-<\/span> months<\/p>\n <\/div>\n <div class=\"show-number\">\n <p class=\"title-result\">Total interest paid<\/p>\n <p class=\"number-result\">$<span id=\"total-interest-paid\">-<\/span><\/p>\n <\/div>\n <div class=\"show-number\">\n <p class=\"title-result\">Total financing cost<\/p>\n <p class=\"number-result\">$<span id=\"total-financing-cost\">-<\/span><\/p>\n <\/div>\n <div class=\"show-number\">\n <p class=\"title-result\">Monthly loan payment<\/p>\n <p class=\"number-result\">$<span id=\"monthly-loan-payment\">-<\/span><\/p>\n <\/div>\n <div class=\"show-number\">\n <p class=\"title-result\">Total annual payments<\/p>\n <p class=\"number-result\">$<span id=\"total-annual-payments\">-<\/span><\/p>\n <\/div>\n\n <a href=\"https:\/\/us.swoopfunding.ca\/stage\/\" class=\"btn btn-lg btn-dark btn-block\" target=\"_blank\" rel=\"noopener\">Borrow $<span id=\"resultCTA\"><\/span><\/a>\n\n <\/div>\n <\/div>\n\n\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-399e076 elementor-widget elementor-widget-ucaddon_sba_loan_guaranty_fee_calculator\" data-id=\"399e076\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"ucaddon_sba_loan_guaranty_fee_calculator.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n\n\t\t\t\n \n \n <div class=\"form-calculator\" >\n <div class=\"left_column\">\n\n <form id=\"sba-loan-guaranty-fee-calculator\" method=\"post\">\n\n <div class=\"form-group\">\n <div class=\"label_and_numbers\">\n <label for=\"loanAmount\">Loan amount<\/label>\n <div class=\"tag-number\">\n $<span id=\"loanAmountDisplay\" class=\"value-tag\">-<\/span>\n <\/div>\n <\/div>\n <div class=\"input-group mb-3\">\n <input type=\"range\" class=\"slider\" min=\"50000\" max=\"5000000\" step=\"100\" id=\"loanAmount\" name=\"loanAmount\" value=\"50000\" required>\n <\/div>\n <\/div>\n\n <\/form>\n\n <p class=\"note-calculator\">This calculator is intended for illustration purposes only and exact payment terms should be agreed with a lender before taking out a loan.<\/p>\n\n <\/div>\n <div class=\"right_column\">\n\n <p class=\"title\">Your results<\/p>\n \n <div class=\"show-number\">\n <p class=\"title-result\">Charge<\/p>\n <p class=\"number-result\"><span id=\"chargePercentage\">-<\/span><\/p>\n <\/div>\n\n <div class=\"show-number\">\n <p class=\"title-result\">SBA guaranty fee<\/p>\n <p class=\"number-result\">$<span id=\"guarantyFee\">-<\/span><\/p>\n <\/div>\n\n <a href=\"https:\/\/us.swoopfunding.ca\/stage\/\" class=\"btn btn-lg btn-dark btn-block\" target=\"_blank\" rel=\"noopener\">Get a quote<\/a>\n\n <\/div>\n <\/div>\n\n\n\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8172494 question elementor-widget elementor-widget-heading\" data-id=\"8172494\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What are the advantages of SBA loans?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b2d103f answer elementor-widget elementor-widget-text-editor\" data-id=\"b2d103f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>There are several benefits of SBA loans for small businesses, including:<\/p><ol><li><strong>Lower interest rates<\/strong>: SBA loans typically offer lower <a href=\"https:\/\/swoopfunding.com\/us\/business-glossary\/interest-rate\/\">interest rates<\/a> compared to other types of loans, which can result in significant savings over the life of the loan.<\/li><li><strong>Longer repayment terms<\/strong>: SBA loans offer longer repayment terms than traditional bank loans, which can make monthly payments more affordable and manageable for small businesses.<\/li><li><strong>Lower down payment requirements<\/strong>: SBA loans require a lower down payment compared to other types of loans, which can make it easier for small businesses to secure financing.<\/li><li><strong>Flexible use of funds<\/strong>: SBA loans can be used for a wide range of business purposes, including working capital, equipment purchases, real estate, and inventory.<\/li><li><strong>No collateral requirements<\/strong>: SBA loans do not require <a href=\"https:\/\/swoopfunding.com\/us\/business-glossary\/collateral\/\">collateral<\/a> for smaller loan amounts, which can make it easier for small businesses to obtain financing.<\/li><li><strong>Access to expertise and resources<\/strong>: SBA lenders often provide additional resources and expertise to help small businesses succeed, such as business counseling, training, and networking opportunities.<\/li><li><strong>Government guarantee<\/strong>: SBA loans are backed by the government, which reduces the risk for lenders and can make it easier for small businesses to obtain financing.<\/li><\/ol><p>Overall, SBA loans can be a valuable source of funding for small businesses, offering lower interest rates, longer repayment terms, and flexible use of funds. However, the application process can be more involved than other types of loans, and eligibility requirements must be met.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-d2757eb e-flex e-con-boxed e-con e-parent\" data-id=\"d2757eb\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-f7b52bd e-flex e-con-boxed e-con e-child\" data-id=\"f7b52bd\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<a class=\"elementor-element elementor-element-5d759ef e-con-full e-flex e-con e-child\" data-id=\"5d759ef\" data-element_type=\"container\" data-e-type=\"container\" href=\"https:\/\/swoopfunding.com\/us\/business-loans\/\">\n\t\t\t\t<div class=\"elementor-element elementor-element-7e82bba elementor-widget elementor-widget-image\" data-id=\"7e82bba\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" loading=\"lazy\" width=\"66\" height=\"66\" src=\"https:\/\/swoopfunding.com\/us\/wp-content\/uploads\/sites\/3\/2024\/04\/loans.svg\" class=\"attachment-full size-full wp-image-29323\" alt=\"\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-26a5ce0 elementor-widget elementor-widget-heading\" data-id=\"26a5ce0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Business loans<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/a>\n\t\t<a class=\"elementor-element elementor-element-c459ef3 e-con-full e-flex e-con e-child\" data-id=\"c459ef3\" data-element_type=\"container\" data-e-type=\"container\" href=\"https:\/\/swoopfunding.com\/us\/equity-financing\/\">\n\t\t\t\t<div class=\"elementor-element elementor-element-98cfbef elementor-widget elementor-widget-image\" data-id=\"98cfbef\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" loading=\"lazy\" width=\"66\" height=\"66\" src=\"https:\/\/swoopfunding.com\/us\/wp-content\/uploads\/sites\/3\/2024\/04\/equity-finance.svg\" class=\"attachment-full size-full wp-image-29324\" alt=\"\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5526f81 elementor-widget elementor-widget-heading\" data-id=\"5526f81\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Equity finance<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/a>\n\t\t<a class=\"elementor-element elementor-element-09a6178 e-con-full e-flex e-con e-child\" data-id=\"09a6178\" data-element_type=\"container\" data-e-type=\"container\" href=\"https:\/\/swoopfunding.com\/us\/business-grants\/\">\n\t\t\t\t<div class=\"elementor-element elementor-element-e868456 elementor-widget elementor-widget-image\" data-id=\"e868456\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" loading=\"lazy\" width=\"66\" height=\"66\" src=\"https:\/\/swoopfunding.com\/us\/wp-content\/uploads\/sites\/3\/2024\/04\/grants.svg\" class=\"attachment-full size-full wp-image-29325\" alt=\"\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-becf16b elementor-widget elementor-widget-heading\" data-id=\"becf16b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Grants<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-89e8797 e-con-full e-flex e-con e-parent\" data-id=\"89e8797\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-60d8126 elementor-widget elementor-widget-spacer\" data-id=\"60d8126\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c9269ad elementor-widget elementor-widget-template\" data-id=\"c9269ad\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"template.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-template\">\n\t\t\t\t\t<div data-elementor-type=\"section\" data-elementor-id=\"11997\" class=\"elementor elementor-11997\" data-elementor-post-type=\"elementor_library\">\n\t\t\t<div class=\"elementor-element elementor-element-b8ace09 e-con-full e-flex e-con e-parent\" data-id=\"b8ace09\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t<div class=\"elementor-element elementor-element-2e25523 e-flex e-con-boxed e-con e-child\" data-id=\"2e25523\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-da46449 e-con-full e-flex e-con e-child\" data-id=\"da46449\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-d875f85 elementor-widget elementor-widget-heading\" data-id=\"d875f85\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-heading-title elementor-size-default\">Ready to grow your business?<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7a64d0f elementor-align-center elementor-widget elementor-widget-button\" data-id=\"7a64d0f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-md\" href=\"https:\/\/us.swoopfunding.ca\/stage\" target=\"_blank\" rel=\"noopener\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Get started<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-53c438b elementor-widget elementor-widget-html\" data-id=\"53c438b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\n\n<script type=\"text\/javascript\" src=\"\/\/widget.trustpilot.com\/bootstrap\/v5\/tp.widget.bootstrap.min.js\" async><\/script>\n\n\n\n\n<div class=\"trustpilot-widget\" data-locale=\"en-US\" data-template-id=\"53aa8807dec7e10d38f59f32\" data-businessunit-id=\"5b437d760db9da00019935a0\" data-style-height=\"95px\" data-style-width=\"160px\" data-theme=\"dark\" data-token=\"75678bf0-071e-4356-8a6b-93beb5a68f32\">\n <a href=\"https:\/\/www.trustpilot.com\/review\/swoopfunding.com\" target=\"_blank\" rel=\"noopener\">Trustpilot<\/a>\n<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>SBA Loans Discover the SBA funding solution for your business that meets the demands of your sector What is an SBA loan? An SBA loan is a loan that is issued and partially backed by the Small Business Administration (SBA). The SBA plays a role in helping small businesses gain access to capital they need [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_header_footer","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-19867","page","type-page","status-publish","hentry"],"acf":[],"featured_image_urls_v2":{"full":"","thumbnail":"","medium":"","medium_large":"","large":"","1536x1536":"","2048x2048":"","image_blog":"","image_blog_full":"","image_podcast":"","image_banking":"","image_blog_internal":"","image_blog_medium":"","image_single_banking":""},"post_excerpt_stackable_v2":"<p>SBA Loans Discover the SBA funding solution for your business that meets the demands of your sector What is an SBA loan? An SBA loan is a loan that is issued and partially backed by the Small Business Administration (SBA). The SBA plays a role in helping small businesses gain access to capital they need to start, grow, and expand their operations. The SBA offers several loan programs, such as the SBA 7 (a) loan program and the SBA 504 loan program, that provide businesses with the funds they need for their ventures. SBA loans typically have competitive interest rates&hellip;<\/p>\n","category_list_v2":"","author_info_v2":{"name":"Alexandre Colucci","url":"https:\/\/swoopfunding.com\/us\/author\/alexcolucci\/"},"comments_num_v2":"0 comments","_links":{"self":[{"href":"https:\/\/swoopfunding.com\/us\/wp-json\/wp\/v2\/pages\/19867","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/swoopfunding.com\/us\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/swoopfunding.com\/us\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/swoopfunding.com\/us\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/swoopfunding.com\/us\/wp-json\/wp\/v2\/comments?post=19867"}],"version-history":[{"count":27,"href":"https:\/\/swoopfunding.com\/us\/wp-json\/wp\/v2\/pages\/19867\/revisions"}],"predecessor-version":[{"id":37823,"href":"https:\/\/swoopfunding.com\/us\/wp-json\/wp\/v2\/pages\/19867\/revisions\/37823"}],"wp:attachment":[{"href":"https:\/\/swoopfunding.com\/us\/wp-json\/wp\/v2\/media?parent=19867"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}