A $100,000 SmartBiz SBA loan has an interest rate of 6%, an APR of approximately 7% and estimated payments of about $1,100 per month.* Other lending options can cost 10 to 20 times more per month.
Funds are sent to your bank account in as fast as 7 days after your application is complete. You have ten years to repay with low monthly payments, and you can pay it off early with no penalty.
Pre-qualify in 5 minutes, and finish the application in 30 minutes or less. If you can’t, just call us and we’ll walk you through the process over the phone.