SBA Express Loans
The government-guaranteed SBA loan program works with lenders to offer lower interest rates and long-term repayment. The SBA does not lend money directly to small business owners. Instead, it sets guidelines for loans made by its partnering lenders, community development organizations, and micro-lending institutions.
If you are having trouble getting a traditional business loan, you should consider the SBA Express Loan. When a bank thinks your business is too risky to lend money to, the SBA can agree to guarantee your loan. That way, the lender has less risk and is more willing to give your business a loan.