Glossary Index / Small Business Administration (SBA) Loan

Small Business Administration (SBA) Loan

A loan from the SBA a buyer can use to finance an acquisition. SBA loans are usually cheaper than traditional bank financing, and offer kinder terms and support for successful applicants. To qualify for a loan from the SBA, you:

  • Must trade in the US.
  • Have invested in the business yourself.
  • Be a for-profit business.
  • Have been unable to source funding from traditional lenders.