Small Business LoansFor smaller firms seeking for a direct, completely secured loan, the Modest Enterprise Loan Fund Corporation (SBLFC) gives up to $250,000 for operating capital to existing manufacturing, processing and chosen solutions. The advantages of merchant cash advances are that they are somewhat simple to get, funding can be received as promptly as in a handful of days and the loan is paid back directly from credit card sales. Skilled practice loans: Professional practice loans are created specifically for providers of expert services, such as companies in the health care, accounting, legal, insurance, engineering, architecture and veterinary fields.

The loans are typically structured with the SBA giving 40 percent of the total project costs, a participating lender covering up to 50 percent and the borrower placing up the remaining ten %. KeyBank offers SBA Loans in the following states: Alaska, Colorado, Idaho, Indiana, Maine, Massachusetts, Michigan, New Jersey, New Hampshire, New …