Get Cash Flow to Fund Investments and Operations

A Small Business Association (SBA) loan can help cover working capital needs, expansions, real estate purchases, and more. This type of financing is issued by a private lender but backed by the federal government. Community Choice business members can apply for an SBA loan directly through us!

Types of SBA Loans

There are several government small-business loan options available — each with its own terms and conditions. The best Small Business Administration (SBA) loan for you will depend on what you plan to fund.

Here’s a summary of the SBA loans you can get with us:

504 Loans

Long-term, fixed-rate financing loans used to purchase or repair real estate, equipment, machinery, or other assets

7(a) loans

Loans that guarantee portions of the total amount, cap interest rates, and limit fees.

SBA Express loans

This type of loan includes accelerated turnaround time for SBA review on loans of up to $500,000.

Benefits of SBA

Competitive terms

SBA loans generally have rates and fees that are comparable to non-guaranteed loans. Along with better rates, they can include longer terms.

Counseling and education

You benefit from additional education and informational support through the SBA and Community Choice to help you start and run your business.

Safety and peace of mind

An SBA loan through Community Choice means you won’t have to worry about predatory lending practices. All loans will include full lender disclosures and fair interest rates. Avoid any deception and bad faith lenders.

Looking for even more? These SBA loans can include benefits such as lower down payments, flexible overhead requirements, and no additional collateral. Getting started with an SBA loan through Community Choice is easy.

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