How much business loan can I get in USA?

bussiness loan ,bussiness line of credit , small bussiness loan

Loans

Start or expand your business with loans guaranteed by the Small Business Administration. Use Lender Match to find lenders that offer loans for your business.

Get $500 to $5.5 million to fund your business

Loans guaranteed by SBA range from small to large and can be used for most business purposes, including long-term fixed assets and operating capital. Some loan programs set restrictions on how you can use the funds, so check with an SBA-approved lender when requesting a loan. Your lender can match you with the right loan for your business needs.

Eligibility requirements

Lenders and loan programs have unique eligibility requirements. In general, eligibility is based on what a business does to receive its income, the character of its ownership, and where the business operates. Normally, businesses must meet SBA size standards, be able to repay, and have a sound business purpose. Even those with bad credit may qualify for startup funding. The lender will provide you with a full list of eligibility requirements for your loan. 

How SBA helps small businesses get loans

The U.S. Small Business Administration helps small businesses get funding by setting guidelines for loans and reducing lender risk. These SBA-backed loans make it easier for small businesses to get the funding they need.

In order to get an SBA-backed loan:

Visit our Loans page to find the loan that best suits your need

Enter your Zip Code on Lender Match to find a lender in your area

Apply for a loan through your local lender

Lenders will approve and help you manage your loan

How much business loan can I get in USA?

How much of a business loan you can get depends on your business's annual gross sales, creditworthiness, current debts, the type of financing, and the chosen lender. In general, lenders will only provide loans up to 10% to 30% of your annual revenue to ensure you have the means for repayment.

What is SBA loan in USA?

SBA loans are long-term small business loans partially guaranteed by the government. The U.S. Small Business Administration is a federal agency committed to furthering the growth and development of small businesses and partners with lenders nationwide in their loan programs.

Is it hard to get a 300k business loan?

While large banks like Chase often offer loans of this size, it can be difficult for smaller businesses to qualify for financing. Especially if you have fewer than 10 employees. Some online lenders like Fora Financial and Rapid Finance offer $300,000 loans — even to borrowers with bad credit.