SBA Loans for Independent Contractors and the Self-Employed
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What is an Independent Contractor?
Are Independent Contractors and Self-Employed People the Same?
Can You Get a Loan as an Independent Contractor?
Getting an SBA Loan When You're Self-Employed or an Independent Contractor
SBA Loans
The SBA Express loan. Loans of up to $350,000 on an accelerated schedule. The SBA will respond to your application within 36 hours. The SBA Export Working Capital loan. Loans up to $5 million for working capital for businesses that can generate export sales. The Veterans Advantage program. Provides fee relief to veteran-owned businesses.
Eligibility Requirements for SBA Loans
Operate for profit (in other words, not run a nonprofit) Do business in the US or its territories Have reasonable owner equity to invest in your company
How Much You Can Borrow with an SBA Loan
How to Apply for an SBA Loan for Self-Employed and Independent Contractors
Alternatives to SBA Loans for Self-Employed Workers and Independent Contractors
Bank Loans
Online Loans
The Takeaway
Frequently Asked Questions
About the Author
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