TRUSTCO

Serving Central Indiana - North Texas Market
SBA
Loans
The SBA helps small businesses get loans The SBA works with lenders to provide loans to small businesses. The agency doesn't lend money directly to small business owners. The SBA reduces risk for lenders and makes it easier for them to access capital. That makes it easier for small businesses to get loans. Small business financing is the means by which an aspiring or current business owner obtains money to start a new small business, purchase an existing or invest, expand a current business.
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SBA Loans
"Small Business Administration"
SBA loans offers business owners the opportunity to take advantage of favorable terms as
part of the SBA program. SBA loans come in a wide variety, most with lower interest rates than
banks, many lenders and private lenders would offer.
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SBA programs range from short-term working capital to long-term financing, and some loans
can even be used to refinance debt. With their multiple SBA funding programs, this government agency provides SBA loan guarantees of up to 85% of the loan amount provided through an SBA-approved lender which are typically banks. The three main SBA loan programs let you borrow money for
nearly any business purpose including working capital, purchasing inventory or equipment, refinancing other debts, or buying real estate through these SBA-guaranteed loans. The SBA helps
small businesses obtain needed credit by giving the government's guaranty to loans made by commercial lenders. The lender makes the loan and SBA will repay up to 85% of any loss in case of default.