Harvest Small Business Finance

Harvest Small Business Finance is a specialty SBA lender based in Laguna Hills, California. The company focuses almost entirely on SBA-guaranteed loan programs and does not offer the same broad range of banking products as a full-service bank. This specialization means the company has deep experience processing SBA loan applications.

SBA loans are business loans that are partially guaranteed by the US Small Business Administration, a federal government agency. Because the government guarantees a portion of the loan against default, approved lenders can offer longer repayment terms and often lower interest rates than fully conventional business loans. This makes SBA loans one of the most cost-effective forms of business financing available, particularly for small and medium-sized businesses.

Harvest Small Business Finance participates in the SBA 7(a) and SBA 504 loan programs. The SBA 7(a) loan is the most common SBA program and can be used for a wide range of business purposes including working capital, equipment purchases, business acquisitions and real estate. SBA 504 loans are specifically designed for purchasing major fixed assets like commercial real estate or heavy equipment.

Harvest Small Business Finance is known for working with a broad range of industries and can sometimes accommodate businesses that larger banks may decline, provided they meet SBA eligibility criteria.

The SBA loan process requires more documentation than a conventional loan and can take several weeks to complete, so SBA financing is not the right choice for businesses that need capital immediately.

Harvest Small Business Finance primarily serves businesses across the United States. If you are considering an SBA loan, compare options from multiple SBA-approved lenders including both specialty SBA lenders like Harvest and your local bank.