BUSINESS FINANCING

SBA is a source of capital for small businesses in Wisconsin

Take your business to the next level

SBA lending finances hundreds of deals in Wisconsin each year. If your business needs SBA funding contact us today!

SBA 7(A) Loan Program

The 7(a) Loan Program, SBA’s primary business loan program, provides loan guaranties to lenders that allow them to provide financial help for small businesses with special requirements. 7(a) loans can be used for:

  • Acquiring, refinancing, or improving real estate and buildings
  • Short- and long-term working capital
  • Refinancing current business debt
  • Purchasing and installation of machinery and equipment
  • Purchasing furniture, fixtures, and supplies
  • Changes of ownership (complete or partial)
  • Multip purpose loans, including any of the above

The maximum loan amount for a 7(a) loan is $5 million. Key eligibility factors are based on what the business does to receive its income, its credit history, and where the business operates. Your lender will help you figure out which type of loan is best suited for your needs.

504 Loan Program

The 504 Loan Program provides long-term, fixed rate financing for major fixed assets that promote business growth and job creation.

504 loans are available through Certified Development Companies (CDCs), SBA’s community-based partners who regulate nonprofits and promote economic development within their communities. CDCs are certified and regulated by SBA.

The maximum loan amount for a 504 loan is $5.5 million. For certain energy projects, the borrower can receive a 504 loan for up to $5.5 million per project, for up to three projects not to exceed $16.5 million total.

SBA MICROLOAN PROGRAM

The microloan program provides loans up to $50,000 to help small businesses and certain not-for-profit childcare centers start up and expand. The average microloan is about $13,000.

SBA provides funds to specially designated intermediary lenders, which are nonprofit community-based organizations with experience in lending as well as management and technical assistance. These intermediaries administer the Microloan program for eligible borrowers.

WISCONSIN SBA

Connect with a Business Development Specialist and determine if SBA is right for your business.

Every year, the SBA provides financing support for thousands of projects in Wisconsin. Find our if your business expansion project qualifies for SBA financing.

WISCONSIN SBA

Want to learn more about SBA? Check out Videos on the SBA program!

The Small Business Administration has provides millions of businesses with greater to capital. However, too many many still struggle to navigate its application process.  To learn more about the SBA, check out these YouTube videos.

LATEST SBA NEWS

How an SBA Loan Can Propel Your Business Growth

How an SBA Loan Can Propel Your Business Growth

Are you a small business owner with big dreams of expansion? If so, you're not alone. Many entrepreneurs face the challenge of securing the necessary capital to fuel their business growth. Fortunately, the U.S. Small Business Administration (SBA) offers a lifeline in...

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