*Loan,banking and credit>>>commercial loan

In what way does a SBA loan help vs. conventional commercial loan?

It seems like you need the same amount of down payment so what is the advantage of a SBA loan

SBA lends more readily for new business and start up capital.
Most commercial lenders require past financials. SBA bases on proforma(what the business expects to do)
SBA is usually lower on the down payment side
SBA usually has a longer pay out
There is not much interest rate difference on either as most are based on risk
If one qualifies, Commercial Loans are faster and more flexible Source(s): I am a banker