Navigate SBA Loan Approval Effortlessly: Apply easily to gain access to SBA loans, offering flexible terms and competitive rates to support your business growth. Our streamlined process ensures quick turnaround, getting you the funding you need without the wait.
How IFS SBA Loans Work
IFS SBA LOANS
Understanding SBA Loan Costs
Fixed Interest Rates
Benefit from SBA-regulated fixed interest rates that provide stability and predictability for your financial planning. Rates vary based on loan type and size.
Guarantee
Fee
An upfront guarantee fee based on the loan amount is paid to the SBA, which is often rolled into the total loan amount. This fee percentage decreases as the loan amount increases.
Variable
ACH
SBA loans offer extended repayment terms, which can be up to 10 years for equipment and working capital or up to 25 years for real estate. Early repayment can further reduce your total interest cost.
Both daily and weekly repayment options available for qualifying businesses.
No Existing Loans
Minimum Program Requirements
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No open bankruptcies
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No open tax liens (must be in payment plan)
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No open judgments
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Sales over $2,500/month
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Credit score over 660
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Minimum (1) year in business
Existing Loans In Place
Minimum Program Requirements
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No open bankruptcies
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No open tax liens (must be in payment plan)
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No bankruptcies (past 3 years)
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Minimum of 15 deposits/customer payments per month (past 3 months)
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Minimum of $2,500 per month in sales (past 3 months)
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Credit score over 660
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Minimum 6 months in business
(605) 644-5060
Monday – Friday
7 a.m. – 6 p.m. MST
Let our advisors guide you through the loan process—no expertise needed on your part.
Experts At Your Service.
