FastWay SBA is a trusted lending partner for SBA loans. Our Mission is to Empower and Grow Small Businesses by providing fast and affordable financing.
Wondering if a long-term loan is right for your business? Find out now with FASTWAY SBA’s risk-free loan calculator. In just a few simple clicks you can unlock your estimated monthly payment and discover just how affordable growing your business can be.
With SBA Loans, borrowers can receive up to $5 million with repayment terms of up to 25 years. These loans are attractive to small businesses due to their affordable cost and long term structure. Funds can be used for various small business purposes, including working capital, equipment, and real estate.
Prior to diving into a full SBA application submission, the team at Fastway SBA provides each prospective applicant an overview of what is possible, based on key qualifying characteristics of your business. We use these benchmarks to understand your business’s unique pre-approval: Time in Business, Personal Credit Score, Business Profitability, Industry Type, and Current Business Debt Servicing.
SBA loans are specifically engineered to support business growth. So whether you’re looking to buy equipment, acquire real estate or address business working capital needs, the SBA’s mission is to help expand American Small Businesses.
Since SBA loans are guaranteed by the federal government, banks are confident to lend to SBA approved businesses that would otherwise be declined for conventional bank credit. This makes for a simpler funding process, eliminating the usual underwriting obstacles.
Our SBA lenders offer extended repayment timelines along with competitive low-interest rates. The SBA loans we offer are definitively the more advantageous option compared to other small business lending choices.
The SBA has processed over 3.8 million EIDL loan forgiveness applications as of Q1 2024, with billions in relief provided to eligible businesses. In total, the SBA could forgo collections on over $72 billion of COVID program loans, without appropriate justification or authorization to do so by Congress. However, there is still a backlog, with processing times averaging 6-8 weeks. Key eligibility criteria includes proving a 30%+ revenue loss in any 8-week period after the covered period began and having spent EIDL funds on eligible expenses like payroll, rent, utilities, etc. The maximum forgiveness amount is $150,000.
FastWay SBA recently funded a $300K SBA loan for a medical practice in Pennsylvania. Our average loan size for healthcare and medical businesses is $610,875, with interest rates starting at the Prime rate.
Are you in the healthcare or social assistance industry? See more info here .
🚫 The biggest funding deal-killer? It’s not your credit score—it’s you.
Too many business owners self-reject before a lender even takes a look.
💥 One bad assumption = zero options.
🎥 Watch the video to see why “self-underwriting” is sabotaging small businesses—then dive deeper in the blog (trust us, your future self will thank you):
🔎 Think you won’t qualify? Read this before you prove yourself right.
👉 Self-Underwriting: The #1 Mistake Costing Businesses Their Best Financing Options
Don’t just take our word for it, check out what our customers have to say about us.
FastWay SBA is a trusted lending partner for SBA loans. Our Mission is to Empower and Grow Small Businesses by providing fast and affordable financing. With SBA Loans, borrowers can receive up to $5 million with repayment terms of up to 25 years. These loans are attractive to small businesses due to their affordable cost and long term structure. Funds can be used for various small business purposes, including working capital, equipment, and real estate.
FastWay SBA recently funded a $300K SBA loan for a medical practice in Pennsylvania. Our average loan size for healthcare and medical businesses is $610,875, with interest rates starting at the Prime rate.
Are you in the healthcare or social assistance industry? See more info here .
🚫 The biggest funding deal-killer? It’s not your credit score—it’s you.
Too many business owners self-reject before a lender even takes a look.
💥 One bad assumption = zero options.
🎥 Watch the video to see why “self-underwriting” is sabotaging small businesses—then dive deeper in the blog (trust us, your future self will thank you):
🔎 Think you won’t qualify? Read this before you prove yourself right.
👉 Self-Underwriting: The #1 Mistake Costing Businesses Their Best Financing Options
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FastWay SBA just helped a Florida-based catering company secure $210K in SBA funding — despite existing tax liabilities. 📚 Want to go deeper? Don't miss these must-read blogs:
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