Government Loan Programs (SBA)
As a preferred SBA (Small Business Administration) lender, BMO can process your government small business loan so you can get back to business. Explore our variety of SBA loan programs to support your business needs. Contact us today to get started.
What is an SBA loan? footnote 1
An SBA loan is a type of business loan that is backed by the U.S. Small Business Administration (SBA) and offered through banks and lenders. It offers low down payment, long-term financing for startups and small businesses to fund working capital, equipment, real estate or expansion.
The SBA establishes the guidelines for the loans, helping to simplify the qualification process for businesses and reduce risk for the lenders that provide the financing.
Features and benefits
Longer terms and amortizations
Repayment terms can be longer under SBA loans than with conventional funding.
Flexible requirements
SBA loans may have more flexible credit requirements compared to traditional loans.
Variety of loan types
SBA loans can range up to $5 million.
Compare SBA Programs
Compare and find the right SBA loan for your business based on term lengths, funding limits, and potential uses.
Programs | Terms | Limits | Potential Uses |
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SBA Loan7(a) |
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SBA Express |
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7(a) Small Loan |
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SBA 504 |
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SBA CAPLine |
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SBA Export Working Capital |
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International Trade Loans (for exporters only) |
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Ready to see if you’re eligible for SBA financing?
Partner with a preferred SBA lender and grow your business
Business tools
Business tips and insights
Understanding SBA loans
From SBA loan requirements to application tips, learn all you need to know about SBA loans in this comprehensive guide to help you make informed decisions.
What is a business line of credit? Understanding BLOCs
A business line of credit has many benefits, such as flexibility and accessibility. Learn about what a business line of credit is, and how it can benefit you.
What is a business credit score and how does it work?
Building and improving business credit takes time, and many factors are involved. Learn about what a business credit score is, and how to improve it.
Take the next step toward better business banking
Let us contact you
We’ll reach out via phone or email, whichever you prefer.
Call us
Give us a call to apply or ask questions.
Visit us
Meet with a BMO Business Banker to talk about how we can help your business.
Footnote 1 SBA loans from BMO (“Bank”) are in participation with the U.S. Small Business Administration. Loans are subject to credit approval in accordance with Bank and SBA eligibility and lending guidelines and are for business purposes only. Excluding certain loan programs, the business applying for the Business Loan or Line of Credit must submit a paper application and must have a physical presence (or in the instance where the business has no physical location, a mailing address for their headquarters) located in at least one of the following states: AZ, CA, CO, FL, ID, IL, IN IA, KS, MI, MN, MO, NE, NV, NM, ND, OK, OR, SD, TX, UT, WA, WI, or WY. Businesses located in MI or TX must be within 100 miles of a BMO full-service retail branch. Terms and conditions are subject to change at any time without prior notice. Certain fees, conditions, and additional restrictions may apply.