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SBA Loans



Small Business Administration (SBA)

SBA is a branch of the federal government. At Financial Plus you have access to the two most popular SBA programs, 504 and the SBA 7(a). The SBA 504 loan program is used to finance the purchase of real estate and equipment and the SBA 7(a) loan program can be used to finance A/R, inventory, equipment and real estate.

Your SBA loan is funded by us, and a portion of the loan is guaranteed by the federal government. In order to obtain an SBA loan, businesses must meet certain qualifying criteria.

Ready to get started? Together our team of commercial experts bring knowledge and value that goes beyond our products. Learn more about our team below.

To qualify for an SBA Loan you'll need:

  • Proof of cash flow
  • 660 minimum credit score
  • Management capability
  • Collateral
  • Personally guarantee the loan (only for individuals who own 20% or more of their business)

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SBA 504 Program
Michigan Certified Development Corporation

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SBA 7a Program
Small Business Administration

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SBA Resources
Michigan Economic Development Corporation 







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Equal opportunity lender. Rates, terms, and conditions are subject to change and may vary based on creditworthiness, qualifications and collateral conditions. All loans subject to approval. See Credit Union for complete details.