SBA Rural Business and Advantage Loans

Advantages of Rural SBA Loans from The Startup Garage
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There are two loan programs from the SBA that provide funding or businesses located in rural or small communities and communities with economic challenges.   These programs are as follows:

The Small Rural Lender Advantage Loan was developed to encourage economic growth in smaller communities, particularly those communities facing significant economic challenges.  The loan process has been streamlined for this loan and can be processed within 3-5 days.  SBA provides an 85% guarantee on loans valued at $150,000 or a 75% guarantee for those loans valued at more than $150,000.

The B&I Guaranteed Loan Program is available to businesses located in a rural communities. The maximum loan amount is $25 million with guaranties ranging between 60 and 80% of the loan value, depending on the size of the loan.  Preference is given to those businesses located in communities with a population of less than 50,000.

In addition, the SBA offers advantage loans to help serve underserved markets and encourage lenders to make smaller-sized loans.  These programs are as follows:

The Small Loan Advantage is designed to encourage larger lenders to make smaller sized loans.  The maximum loan value is $250,000 with guaranties from the SBA available between 75 and 80% of the total value.  The loan process the small loan advantage has been streamlined with approval times requiring only minutes through electronic submissions.

The Community Advantage Loan, like the Small Loan Advantage, has a maximum loan amount of $250,000 with guaranties from the SBA ranging between 75 and 80% of the total loan value.  This loan was designed to serve underserved markets.  Loan turn-around time is estimated around 5-10 days.


Whether you have a question about SBA Rural Business and Advantage Loans, or you’d like to discuss our business plan writing services, feel free to contact us for a free consultation!
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About Tyler Jensen

I work with entrepreneurs who are looking to attract investment and get out of the "Garage". I am passionate about helping entrepreneurs start companies that matter. I helped launch over 100 Companies, Non-Profits and Social Enterprises. I consider myself a serial entrepreneur, startup coach & trusted advisor. * Launching New Companies (For Profit, Non-Profit and Social Enterprise) * Expert Business Plan Writer * Extensive Network of Business Relationships focused on Launch & Rapid Growth of New Companies * Startup, Growth, Marketing, Technology, Web, Business Systems * Trusted Advisor to CEO’s & Entrepreneurs * Capital Raising Strategy Development * Startup Team Development The first company I started and sold is VAVi Sport & Social Club which grew to over 25,000 members in six years, was recognized as San Diego’s 30th fastest growing private company in 2006 by the San Diego Business Journal and 32nd fastest in 2007, and sold for over 25X the capital investment.