SBA Loans

SBA Loans

For business acquisition to start up-financing, SBA loans may be the best financing choice

SBA loans are backed by the Small Business Administration (SBA), a federal agency committed to assisting entrepreneurs and small businesses. As a result, SBA loans facilitate more accessible capital acquisition and offer enhanced advantages in comparison to traditional business loans.

These loans are versatile, serving diverse purposes such as addressing working capital needs, acquiring essential business assets, obtaining owner-occupied real estate, facilitating partial or complete business acquisitions and refinancing existing debts.

  • No balloon payments
  • Down payment options as low as 10%
  • No loan covenants or monitoring requirements
  • Maximum loan amounts of $5 million

Apply for a SBA Loan

Apply Online

For questions, contact Ideal CU Senior Business Relationship Specialist Josh Anderson at 651-773-2763 or by email at This email address is being protected from spambots. You need JavaScript enabled to view it..

Approved by SBA to provide 7(a) loans.

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