SBA LOAN VS. CONVENTIONAL BUSINESS LOAN
Financing options regardless of your business’s credit history
Access the capital you need whether your business is new or established.
SBA Loan vs. Conventional Loan
Long-standing business owners understand that lending institutions like M&T Bank have an array of business financing options available, including term loans and lines of credit. Qualifying businesses can borrow money for operational expenses, acquisitions, new construction, equipment purchases and more. M&T offers business loans with competitive fixed or variable interest rates and flexible terms.
But to access conventional financing, businesses typically need a proven credit history. The Small Business Administration (SBA) is a government agency that partners with lenders to offer loans for businesses without established credit. By guaranteeing a portion of the loan, the SBA frees lenders to take on more risk in financing businesses that haven’t yet demonstrated success. A new business owner can likely find an opportunity with an SBA loan vs. commercial loan options that might be inaccessible. M&T is a top-rated SBA lender. We can help business owners access this type of financing.