Plus, the SBA loan application process is detailed and requires extensive documentation. If you need capital quickly, you’ll want to consider a faster small-business loan alternative.

Cash can be available within the same business day (does not apply in California or Vermont). Accepts borrowers with a minimum credit score of 625. Streamlined application process with minimal ...

"That doesn't mean you can't get a loan, but it means your application will be manually reviewed and possibly more challenging to approve." She adds that many small-business owners either have not ...

Types of business loans available You need to determine what you will use the money for before applying for a small business loan ... Business loan pre-application Many lenders have a minimum ...

Small businesses ... In case a business defaults on an SBA-backed loan, the agency will cover as much as 85% of the loss; this is known as a guarantee. The SBA reviews a loan application submitted ...