We follow the Small Business Administration’s (SBA) guidelines for what qualifies as a small business. This is because the most common loan-type our partners take out following the end of their withco lease is an SBA loan. SBA guidelines vary drastically by industry but consider both the business’s revenue and number of employees.
To be eligible for an SBA 504 loan, your business must:
Note that the SBA restricts lending to certain industries, and as a result, we cannot partner with the following types of businesses: