SBA Loan comparison chart

SBA Loans


7(a) Loan Program Eligibility

The key factors of eligibility are based on what the business does to receive its income, the character of its ownership and where the business operates.

SBA generally does not specify what businesses are eligible. Rather, the agency outlines what businesses are not eligible.  However, there are some universally applicable requirements. To be eligible for assistance, businesses must:

  • Operate for profit

  • Be small, as defined by SBA

  • Be engaged in, or propose to do business in, the United States or its possessions

  • Have reasonable invested equity

  • Use alternative financial resources, including personal assets, before seeking financial assistance

  • Be able to demonstrate a need for the loan proceeds

  • Use the funds for a sound business purpose

  • Not be delinquent on any existing debt obligations to the U.S. government


Celsus Capital can identify the appropriate SBA program and matches you with the best fitting lender, helping you navigate the process most efficiently.