LoanEasy difficulty

SBA Community Advantage Loan

U.S. Small Business Administration

Amount
$50K – $350K
Interest Rate
Prime + 6% max
Max Term
10 years
Approval Time
2–6 weeks

About This Program

SBA-backed loans specifically for businesses in underserved markets, including startups that cannot access conventional financing. Offered through mission-driven SBA lenders.

Eligibility Requirements

Minimum Credit Score
600
Minimum Years in Business
None (startups welcome)
Minimum Annual Revenue
None
Eligible Business Types
sole proprietor, llc, s corp, c corp, partnership

Documents Required

  • Business plan
  • Personal credit check
  • Personal guarantee
  • Cash flow projections

How to Apply

  1. 1Check your eligibility using our free checker tool
  2. 2Gather the required documents listed above
  3. 3Visit the official program page and submit your application
  4. 4Wait for review — typical approval takes 2–6 weeks
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