Most business purchases
SBA loans can be used for most business purposes, including start-up, expansion, equipment purchases, working capital, inventory or business-occupied real-estate purchases. They qualify for SBA's maximum guaranty of up to 85% for loans of $150,000 or less, and up to 75% for loans over $150,000 up to $500,000.
tl;dr
It depends...
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Most use cases for SBA loans include:
- Start-up
- Expansion
- Equipment purchases
- Working Capital
- Inventory
- Real Estate purchases, business-occupied