SBA Streamlined
Diadem Financial and SmartBiz is now offering you access to more streamlined SBA loan options ranging from $50,000 to $150,000 through our bank partners. These loans typically require less documentation and are generally not subject to cash flow underwriting requirements.
Services
What to know about a $150,000 SBA loan
SBA loans under $150,000 are backed by the Small Business Administration and may offer faster loan approvals and fundings for eligible applicants. Borrowers may receive funds in as little as 10 days following bank approval.
Terms
- Loans from $50,000 to $150,000*
- 10 year repayment term
- $ Typical interest rates are a variable rate of Prime Rate plus 2.75% – 6.5%
Pre-qualification Minimum Criteria
- 2 years in business 700+ FICO score
- No bankruptcies in the past 3 years No outstanding tax liens 3
- $250,000+ in annual business revenue
Typical Approval Requirements
- 1 year personal tax returns
- 2 years of business tax returns
- Color photo of driver’s license
- 6 months of of recent business bank statements
Get Started Today
Fuel your business growth with the right financing! Start your loan application today and empower your business to reach new heights. It’s fast, simple, and tailored to your needs. Get started now and drive your business forward!