SBA Loans

SBA-backed funding with longer terms for growth.

Apply online in about 3 minutes and talk with a funding specialist about whether SBA financing fits. SBA programs take longer than other options, so we also show you faster choices if timing matters.

  • Government-backed SBA programs
  • Longer terms than most business funding
  • Best for growth plans, not urgent needs
  • Funding typically takes a few weeks
  • A specialist guides your paperwork
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Small business owner standing in her shop doorway
SBA Loans

Minimum Requirements

These are the basic criteria to be eligible for SBA funding with Monark.

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  • $10,000 in monthly revenue
  • 620+ Credit score
  • 2 years in business
  • Business bank account

How SBA Funding Works

SBA loans are made by participating financial institutions and partially guaranteed by the U.S. Small Business Administration. That backing is what allows longer terms and, on many programs, lower payments than other kinds of business funding. The tradeoff is time. SBA applications involve more paperwork and take longer to close.

A simple example

Say you plan to buy equipment and renovate your space for $300,000, and you can plan a few weeks ahead. An SBA program may offer a longer term, which keeps each payment lower. Your exact amount, term and payment depend on the program, your business and your agreement. We walk you through every number before you accept anything.

Who it is a good fit for

  • Owners with a planned expansion, equipment purchase or real estate move
  • Businesses with 2 or more years in business and steady revenue
  • Owners who can wait a few weeks in exchange for longer terms

Need cash sooner?

If timing matters more than term length, a merchant cash advance can fund in as little as 24 hours. A line of credit is another flexible option. A funding specialist can compare SBA funding with faster choices so you can decide with confidence.

What happens after you apply

  1. Apply online in about 3 minutes.
  2. A funding specialist reviews your business and explains whether SBA funding fits.
  3. Gather your documents with a clear checklist and guidance.
  4. Review your offer with no obligation to accept.

Ready to see what you qualify for? See My Options or call (954) 355-6622.

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Speak to a funding specialist

Speak with a funding specialist to see what you qualify for. No obligation.

    Frequently asked questions

    Typically 2 years in business, $10,000 in monthly revenue, a 620 or higher credit score and a business bank account. Each program sets its own rules, and a funding specialist reviews yours.

    The most common are 7(a) programs for working capital, equipment and expansion, and 504 programs for real estate and major equipment. Which fits depends on your goal.

    SBA programs often offer longer terms and lower payments than other options, which can make larger projects easier to plan.

    Usually business and personal tax returns, bank statements, a financial statement and details about the business and its owners. Your funding specialist gives you a checklist.

    Some SBA programs can fund startups, but the requirements are stricter. The requirements on this page are for established businesses with 2 or more years in business.

    Usually a few weeks. If you need cash sooner, ask a funding specialist about faster options.