9912 Business Park Dr. Ste. 185, CA 95827
+1 916-934-2311

Lending Overview

SBA Working Capital and Debt Refinancing Loans

$30,000 to $350,000

The best way for most businesses to get essential funds to successfully run daily operations and to save on high interest debt.

Debt refinancing

Refinance high-cost debt and save thousands.

Business expansion

Scale your business by adding new products or services.

Marketing

Attract new prospects to grow your customer base.

Hire employees

Add needed staff to build your business.

Purchase equipment

Purchase equipment to improve efficiency.

Increase Inventory

Purchase inventory to meet busy sales periods.

 

Why GreatBiz®?

Our technology enables fast and easy SBA loans with low monthly payments and great rates, while our marketplace of SBA preferred banks increases the likelihood of getting a “yes” by matching you with the lender most likely to fund your loan. And if you don’t qualify for an SBA loan, you may be offered the opportunity to opt in for one of our bank partners’ non-SBA options instead.

Best Deal Going

SBA loans are the best deals going with 6.50% – 8.75% rates*, loans up to $5 million and long repayment terms.

Fast, Easy & Secure

Use our secure software to prequalify in less than 5 minutes without impacting

your credit score. Get funds as fast as 7 days after your application is complete.

 

Streamlined Online App

We’ve streamlined the loan application process so you only complete one application when you apply for an SBA loan or opt in for a non-SBA option.

 

Trusted & Loved

Customer reviews on independent review site TrustPilot** rate us 9.3 out of 10. FitSmallBusiness and Top Ten Reviews also rate us as the best SBA 7(a) provider.

* SBA loans have a variable rate of Prime Rate plus 1.50% to 3.75%.
** Rating reflects 553 customer reviews as of May 9, 2018

 

All loan decisions and relationships are managed locally.

 

Why GreatBiz?

We work with you personally to help you get approved. Our marketplace of SBA preferred banks increases the likelihood of getting a “yes” because we match you with the lender most likely to fund your loan. Talk to us even if you have been turned down before or have never gone through a loan process at all. We can help make it fast and easy.

CONTACT US TO GET STARTED »

 

View our Recent Loans page to see some examples of businesses that have received small business loans from GreatBiz Funding.

 

GreatBiz Funding has been makes loans ranging from $10,000 to $2,500,000 to small businesses  who may have trouble securing funding from banks and other traditional sources. We consider non-traditional collateral, offer flexibility in the loan structure, and loan decisions and relationships are managed locally. We also work to ensure our clients’ success by offering highly customized, peer-to-peer business coaching by an extensive network of local, successful business owners. This innovative blend of lending and learning helps entrepreneurs overcome obstacles, grow strategically, and create jobs.

No – the only source of business funding GreatBiz Funding provides is loans.

GreatBiz Funding will make loans for as little as $10,000 and as much as $2,500,000. Repayment terms are flexible and based on cash flow and use of funds.

Our interest rates vary depending upon your particular situation and risk factors. You should expect that your GreatBiz lender will discuss interest rate and loan terms with you.

Credit history is one of the most important factors in making our decision to provide a loan. Credit history is the clearest indication we have of your willingness and ability to repay loans. However, we are willing to take into consideration extraordinary circumstances that may have damaged a previously good credit history.

Yes, lenders may ask you to pledge your business assets to secure a loan.

A business plan is necessary for start-ups and can be very useful for existing businesses, especially when major changes are planned. A business plan does not have to be lengthy, but should outline your goals and business direction. Our application packet includes lists of questions to be answered during the application process. It is important for us to be clear on the history of the business and where you see it going; how the business operates and brings in customers; and how the use of the loan funds will fit in with the other financial aspects of the business.

Once we have a fully completed application packet, GreatBiz Funding aims to have an answer to you within 2-3 days.

GreatBiz Funding can typically close a loan immediately upon notifying the loan applicant of the approval based upon all approval conditions being met.