Explore flexible funding options designed to help launch your business, cover early expenses, and support future growth.
Available SBA
Financing
Flexible Repayment
Options
New Businesses
May Qualify
Projections Help
Support Eligibility
Start-up financing can provide the capital needed to launch a new business, purchase equipment, secure a location, build initial inventory, hire employees, and cover eligible early operating expenses. Because new businesses may have limited operating history, SBA lenders typically evaluate the strength of the business plan, financial projections, owner experience, credit profile, available equity contribution, and the overall ability to repay the loan.
Flexible financing that may support eligible start-up costs, equipment, working capital, business acquisitions, real estate, and other approved business needs.
A streamlined SBA option that may be available for smaller financing requests, start-up expenses, equipment purchases, and eligible working-capital needs.
A clear plan should explain the business model, target market, use of funds, operating strategy, and path toward sustainable revenue.
Lenders may evaluate the owners’ personal credit, industry knowledge, management background, and ability to successfully operate the proposed business.
Depending on the lender and request, the owners may be expected to contribute personal funds or other eligible resources toward the total project cost.
A valid government-issued form of identification is generally required for each applicable business owner.
A detailed business plan, start-up budget, use-of-funds schedule, and financial projections may be required to support the financing request.
Personal tax returns, financial statements, bank statements, resumes, and documentation of available borrower funds may be requested.
Start-up financing may be a strong option when you have a clear business concept, a detailed plan for how the funds will be used, and a realistic strategy for generating revenue and repaying the loan. SBA-backed financing can help qualified entrepreneurs cover equipment, initial inventory, leasehold improvements, working capital, business acquisitions, and other eligible launch expenses. Because a new business may have little or no operating history, lenders will often place greater emphasis on the owners’ credit profile, industry experience, financial projections, available investment, and the overall strength of the business plan.
Check EligibilityStart-up financing provides eligible new and early-stage businesses with capital for approved launch, acquisition, and growth expenses. Kudo works with SBA financing options that may offer competitive rates and longer repayment terms for qualified borrowers.
Eligible uses may include equipment, initial inventory, leasehold improvements, working capital, business acquisitions, commercial real estate, hiring, marketing, and other approved costs associated with launching or growing the business.
SBA 7(a) financing may be available for amounts up to $5 million. The amount a start-up may qualify for depends on the project cost, use of funds, financial projections, borrower contribution, credit profile, available collateral, and ability to support repayment.
An owner contribution may be required depending on the lender, financing request, business type, and total project cost. The required contribution varies, so each application is reviewed individually.
A new business may be considered without an established revenue history. In these situations, lenders may place greater emphasis on the business plan, financial projections, owner experience, personal credit, available borrower funds, and the overall ability to repay the loan.
Collateral requirements depend on the loan amount, use of funds, lender guidelines, and assets available to the business and its owners. A lack of sufficient collateral does not automatically determine eligibility, but available collateral may be evaluated.
You may be asked to provide a business plan, financial projections, start-up budget, use-of-funds schedule, personal tax returns, personal financial statements, identification, owner resumes, and documentation showing available funds for any required contribution.
SBA lenders establish their own credit standards, so there is no single credit score that guarantees approval. Lenders generally review the owners’ personal credit history together with the complete business plan, projections, experience, available resources, and overall loan request.
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