SBA Microloan

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Enough financial fuel for your next business step.

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The SBA Microloan puts fuel in the tank when you're turning business dreams into reality, all without jumping through impossible hoops

View 504 Rates

Funding from $5,000 to $50,000

Approval in as fast as  3 weeks

Fixed rates ranging from 6% to 8%

Terms up to 7 years

What can I use an SBA Microloan for?

Flexible, accessible financing for businesses ranging from home based businesses to storefronts

Inventory purchases

Stock up and be ready when opportunity knocks.

Working capital

Keep your operations humming with funding for day-to-day expenses.

Improvements to your space

Upgrade your business location, whether you rent or own

Equipment purchases

Invest in new technology or equipment to help you work smarter

Marketing and advertising

Get your name out there and bring in new customers

Start up costs

Funds to turn your side hustle into a full-time business

And more

Chat with us about your goals and if a Microloan can fund them

SBA 504 is the ultimate team effort

Typical SBA 504 loan structure

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‍SBA 504 loans work a bit different, in a way that we like to think of as a team effort. A commercial bank, RBAC, and you all bring funds to the table to make your project happen. Don't have a banking relationship yet? No worries—we work with great partners and can make an introduction.

10%

You contribute as little as 10% down (start ups and special cases may require a higher down payment)

40%

RBAC provides an SBA 504 loan for 40% of your project costs

50%

Your bank provides 50% to complete the financing

Will I qualify for a microloan?

The answer to whether you qualify for a Microloan? We figure that out on a case-by-case basis—contact us if you're interested. Here are some good-to-knows upfront:

Business type

You must be a for-profit small business. Nonprofits are eligible only if they are operating as a child care facility.

Use of funds

You can use your Microloan for almost any business purpose, including working capital, inventory, supplies, furniture, fixtures, or equipment. You cannot purchase real estate or fund personal expenses with a Microloan.

Credit and character

Credit score requirements are generally more flexible than banks, but you must show creditworthiness and the ability to repay your loan.

If you’ve had a past bankruptcy or have poor credit, but have a strong explanation (such as an illness or divorce), you may still be eligible for a loan.

Business stage

Startups and existing businesses are eligible, but startups will be required to show a business plan and financial projections and evidence of industry experience.

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Other good-to-knows

Personal guarantees are required from all owners of 20% or more of the business.

Collateral is typically required, if it is available.

Every person at RBAC is not only knowledgeable on SBA loan programs, but each person also gives every party to the transaction quick, personal and thorough attention to every detail. The RBAC team is like no other and should be trusted with every small business’s financing needs.

Nicole Perdoni

Esq., Hill Wallack LLP

At RBAC, everything runs very smoothly; everybody knows their job to do. They're recognized as a top SBA lender and have a very good reputation within the banking communities.

John Burke

Coastal Commercial Group

My businesses are located in small, low-income areas where few banks were able to help, but RBAC believed in me from the beginning, eased my concerns, and supported my success every step of the way.

Tiffany Caldarise

Owner, Rooster’s Roundup LLC

RBAC has the same synergy as we do. They have a similar personality, a similar work environment and culture. That’s what drew us to RBAC. It’s a perfect fit.

Yankie Markowitz

SBA Loan Group

They have very, very nice people in the office. They’re here to help make things work. I’ve never seen a company like them.

Solomon Wieder

Owner, The Honest Baking Company

I truly value that RBAC is in the relationship business, not just the lending business.

Mia Harris

Owner, Belliard’s Salon and Spa

I love the people at RBAC. They guided me through the process very well, and I love the whole program and how it works.

Russell D’Anton

Owner, B2 Bistro

Working with RBAC’s business advisory services program gave me the confidence, coaching, and financial tools to transform my spa into a thriving holistic med spa.

Mia Harris

Owner, Belliard’s Salon and Spa

Working with RBAC is great, because they have the expertise and knowledge to quickly identify viable transactions and execute on them efficiently for the best overall outcomes for the bank and the client’s sake.

Josh Donovan

Senior Vice President, Bank of America

It's time to make your business goals happen

Apply for a Loan

SBA Microloan

The SBA Microloan puts fuel in the tank when you're turning business dreams into reality, all without jumping through impossible hoops

What can I use an SBA Microloan for?

Inventory purchases

Working capital

Improvements to your space

Equipment purchases

Marketing and advertising

Start up costs

And more

SBA 504 is the ultimate team effort

Will I qualify for a microloan?

It's time to make your business goals happen

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