7(a) loans
This lesson is a guide published on sba.gov.
Read the guideWhat you'll get
The SBA doesn't lend money itself; it guarantees loans that banks and other lenders make, up to $5 million, for working capital, equipment, real estate and buying all or part of an existing business. A service firm usually meets it when buying trucks and tools or buying out an owner, and applies through a lender.
Do this week
Book a call with one lender, a bank or a community lender like Mountain BizWorks, and ask what they'd need to see from your business to approve a loan.