Forgotten password

   Connect with other iBank Business Centers:  Loans  |  Insurance  |  CrowdFunding  |  Credit  |  Legal  |   H.R.  |   Accounting  |  Consulting  |

Small Business Loans
Find and Match with the perfect Small Business Loan.
Join over 600,000 small businesses who decided to get the resources they need.

You are in: Business Loans Center > SBA Loans > SBA Small Loan Advantage
start your loan application now

Please enter your funding need:

Open a Free iBank Account

Business Debt Help

Would you like more information on how to get your business out of debt without filing chapter 11 or debt consolidation?

Learn More

Are You a Lender?

Join our Network...
  • 2,000 Customers Monthly
  • Choose 16 filter settings
  • Lower Your Ad Costs
  • Increase Fundings
  • Grow Your Business

 SBA Small Loan Advantage by Tom Markel

The SBA is committed to expanding access to capital for small businesses and entrepreneurs in underserved communities so that we can help drive economic growth and job creation. SBA is rolling out two new initiatives aimed at increasing the number of loans in these communities.
"Businesses in underserved communities, including minority and women-owned as well as businesses in rural areas, have been among the hardest hit by the recent economic downturn," said SBA Administrator Karen Mills. "These two new Advantage initiatives can provide critical support to help these businesses and entrepreneurs get much needed financing to start and grow, which will translate into more jobs in these communities."
SBA and U.S. Department of Commerce studies have shown the importance of lower dollar loans to small business formation and growth in underserved communities. Now both SBA - Small Loan Advantage Loan and SBA - Community Advantage Loan programs will offer a streamlined application process for loans up to $250,000.
Small Loan Advantage 
  • Small Loan Advantage is structured to SBA lenders to offer lower-dollar loans
  • Maximum Loan Size: $250,000
  • Approval Times: Most Small Loan Advantage loans will be approved in from minutes up to 10 days 
  • Paperwork: Small Loan Advantage features streamlined paperwork, with a two-page application for borrowers and lenders can use their own note and guaranty agreement.
SBA loans are based on several factors, which are usually the same factors involved in granting any other type of business loan. If you're applying for small business loans, you'll need to provide a thoughtful and thorough business plan. You may also be asked to provide management profiles and proof of credibility as a legitimate enterprise. 
Many people think SBA loans are only for businesses in trouble. Often, SBA loans are granted during the gap time between when a company billed out for goods or services and when they receive payment. A company may be experiencing growth on paper during this time, but funds may not be available for additional investments. Your best resource for SBA loans is 

Most Recent Postings

Type Amount Location Date Posted
SBA Loans $1500 Los Angeles,
October 23, 2014
4:01 PM
SBA Loans $50000 Dearborn,
October 23, 2014
3:54 PM
SBA Loans $5000 Jackson ,
October 23, 2014
3:44 PM
SBA Loans $15000 Olive Ranch,
October 23, 2014
3:38 PM
SBA Loans $40000 Topeka,
October 23, 2014
3:27 PM
SBA Loans $5000 Lake Hopatcong,
October 23, 2014
3:23 PM
SBA Loans $30000 Austin,
October 23, 2014
3:17 PM
SBA Loans $30000 JESEY CITY,
October 23, 2014
3:00 PM
SBA Loans $10000 Tulsa,
October 23, 2014
2:58 PM
SBA Loans $15000 Coram,
October 23, 2014
2:44 PM

View More

iBank Featured In

  • businessweek
  • forbes
  • msnbc
  • thestreet
  • wallstreet


"You have been first class in answering all our questions and in a very timely manner." 
Patrick M.

"As an iBank small business member I networked with one of the iBank lenders, he was responsive, respectful and got my deal funded quick and easy. I would highly recommend being a member of the iBank small business network for all my small business loan needs."
Morgan Harris

"You have been extremely
helpful. Many thanks for all your quick responses. We will be in touch if we need any further assistance."
Amy Stephenson and Holly Dickerson

                Read More

Business CrowdFunding Center

Business Credit Center

©2014, Virtue Capital Corporation. All rights reserved.