Community Advantage Program

Small Business Assistance Corporation is a Community Advantage lender. Community Advantage is a guarantee loan program available from SBA for designated non-profit lenders.


Any for-profit business located in our service area with under $5 million in annual sales and fewer than 50 employees may be eligible. Some exceptions apply.  Please see the Ineligibility section below.


The funds you borrow can be used for real estate, purchase and improvement, working capital, purchase of inventory, supplies, furniture/fixtures, raw materials, and machinery/equipment for your business. The funds can be used for any business purpose.


The maximum loan amount is $250,000 with up to 85% guaranteed by U.S. SBA.


  • Non-profit organizations
  • Consumer and marketing cooperatives
  • Businesses dealing in the creation, origination, expression or distribution of ideas, values, thoughts, or opinions.
  • Specialty stores primarily engaged in selling products that promote or advocate ideas, specialized delivery, distribution of transportation concerns limiting themselves to distribution of ineligible materials.


The current interest rate on a Community Advantage is negotiable. Rates are competitive with other lending institutions in the community. The repayment period can be 10 to 25 years based on use of funds and collateral. You will be required to pay closing costs and normal filing fees.  Rates and terms are subject to change.


Collateral (or security) is typically a pledge of available business assets and a personal guaranty. If you purchase real estate, a first lien is usually obtained. 


The SBAC offers technical assistance to all clients who participate in the Community Advatnage Program. Technical assistance is designed to help our entrepreneurs obtain any additional tools needed to operate their businesses successfully.


All information is subject to change without notice.