Giving small businesses the help and attention they deserve.

SBA Loans

SBA loans have been the key to many successful businesses. An SBA (Small Business Administration) loan is a type of business loan that is guaranteed in part by the U.S. government. SBA loans can offer certain benefits not available with other types of loans.

At Generations we have commercial finance professionals who focus on helping members obtain SBA loans. Our Lending Group is a dedicated line of business focused exclusively on lending to businesses like yours.

Ready to help

As an SBA Lender, Generations is proud to do our part to help small businesses overcome their current economic challenges and position themselves for future growth.

SBA loans can offer certain benefits not available with other types of loans. These loans can be used for many purposes, but are typically used to finance:

  • Owner-occupied commercial real estate
  • Equipment
  • Working capital
  • Furniture and fixtures
  • Leasehold improvements
  • Debt refinance
  • Start-up businesses

Eligibility Requirements

In general, to be eligible for a SBA loan, the prospective loan recipient must have:

  • A for-profit enterprise doing business in the U.S.
  • Reasonable equity
  • Pursued alternative funding resources, including personal assets

Some businesses types are not eligible for an SBA loan. These include:

  • Real estate investment firms
  • Lenders
  • Pyramid sales programs
  • Gambling ventures and charitable
  • Religious and otherwise nonprofit outfits
What are 7a loans?
What is an SBA 504 loan?
What is a CDC?
How is financing usually structured under a 504 loan?
How can 504 loan funds be used?
What are the eligibility requirements for a 504 loan?
How is the 504 loan collateralized?
How do the terms and interest rates of a 504 Loan compare to a conventional loan?