SBA 7(a) Advantage Loan

The Community Advantage Loans are SBA loans designed to help businesses in underserved markets get access to financing. These programs are available to borrowers who meet the SBA eligibility criteria but are not able to qualify for a standard SBA 7(a) loan because of low revenues, low collateral, or other reasons.

Under the Community Advantage Program, the SBA offers the same expedited application and approval process that comes with an SBA Express loan, but they’ll guarantees 85 percent of loans up to $250,000. This further reduces the risk to lenders and gives them more motivation to lend these loans over the SBA Express program.