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SBA Financing > Qualification Guidelines
Most Businesses Qualify Under SBA Guidelines. The good news is that nearly 90% of all businesses are eligible for qualification in the SBA loan program.

General Qualification Guidelines include that the business must be:

Business must be owner-operated.
Business must be a for-profit business.
Business must be organized as a sole proprietorship, corporation, or professional partnership.


SBA loans are available for manufacturers, retailers, seasonal businesses; general and trade construction companies; agricultural firms; and businesses that offer professional services such as doctors, dentists and veterinarians. Some businesses are considered higher risk than others. Despite that, the SBA levels the playing field for those business owners and makes it possible for them to get the funding they need to grow their business and prosper. If your business falls into higher-risk categories, the SBA lending program can make it possible for you to get the financing that might otherwise have been unavailable to you.

More Funding for High-Risk Business
Owners who operate business that fall into higher-risk categories know how difficult it is to get financing. SBA lending makes those loans possible.

More Funding for Start-Up Business
Good ideas and entrepreneurial spirit drive small business. The SBA recognizes the value of your business drive and qualifies you for the funding needed to start a new business venture.

More Funding for Non-Conventional Asset
Since conventional loans are often backed by tangible assets, the liquidity of those assets have a significant impact on how much loan money you can ask for and receive. SBA loans recognize a broader range of assets, including non-conventional assets that would otherwise not qualify for collateralization. With SBA, you can get the funding for the parts of your business from which you know how to profit.

Credit Considerations
The general qualification standards for the SBA lending are less stringent than many other types of loans. However, the same issues that would be prudently evaluated for any business loan are considered. These include that you:

Have acceptable personal and business credit history.
Have contributed significant equity to the business.
Show that past earnings and/or estimated future earnings will be sufficient to pay the loan on time.
Pledge available business assets and, in some cases, personal assets to secure your loan.

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