SBA 7a Community Advantage

Financing for Start-ups and Underserved Communities

Why choose an SBA 7a Community Advantage: The Community Advantage program is designed to provide a financing option for small business start‐ups in underserved communities. The SBA provides a 75 – 85% guarantee, providing participating lenders with more confidence in offering financing to riskier start‐up businesses. Community Advantage can be used to complement other loan programs.

Loan amounts: Up to $250,000

Down payment: Minimum 10%

Eligible projects:

  • Working capital
  • Equipment
  • Inventory
  • Real Estate – purchase, renovation, leasehold improvements
  • Business acquisition
  • Debt refinancing*

Collateral and security:

All loans should be secured by the available assets of the borrower and its principals to the extent necessart to protect the interests of the lender.

  • Retail, service and agriculture: Annual sales not to exceed range of $750,000 to $33.5 million
  • Wholesale and manufacturing: Number of employees not to exceed range of 100 to 1,000


  • Up to 10 years – Working capital/equipment
  • Up to 25 years – Real Estate
  • Varies – Debt Refinance

Rate: Variable, Maximum = Prime + 6%

SBA Guarentee:

  • $150,000 or less = 85%
  • Over $150,000 – $250,000 = 75%

Other questions? See our FAQ

Contact us to discuss project feasibility and details of this and other loan programs.