Small Business Administration (SBA) Loans
Affordable, government-backed financing designed to help your small business start, grow, and thrive.
Why Choose an SBA Loan?
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Lower Rates & Flexible Terms
Pay less interest with fixed or variable rates and repayment periods up to 25 years.
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Smaller Down Payments
Get started with as little as 10% down.
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Accessible Funding
Government-backed programs make it easier to qualify.
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Built for Small Businesses
Use funds for working capital, equipment, inventory, real estate, or business acquisition.
Small Business Loans
Whether you’re launching a startup or expanding operations, Small Business Administration (SBA) loans provide affordable access to long-term financing that conventional lenders may not offer.
- Long-term financing with low monthly payments
- Easier qualification and lower down payments
- Lower rates that save money over time
- Fixed or variable interest options
- Flexible use of funds for nearly any business need
Ready to take the next step? Apply for an SBA Loan with Jeanne D’Arc Credit Union today.
Get Started
– Stephen G., Tyngsborough, MANice people, good business, no fees
Ready to get started?
To apply for loans, open accounts or to schedule a meeting to discuss your business, contact:
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Robert Boley
VP – Business Services
Office: (978) 703-7982
Mobile: (978) 421-4644
Email: [email protected] -
Michelle Sapienza
VP – Commercial Loan Officer
Office: (978) 323-3237
Mobile: (978) 323-3237
Email: [email protected]
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Lisa Carroll
Business Development Officer
Office: (978) 703-7932
Mobile: (978) 703-7932
Email: [email protected] -
Chris Del Valle
Business Development Officer
Office: (978) 703-7996
Mobile: (978) 888-3871
Email: [email protected]
FAQs about Small Business Financing
An SBA loan is a small business loan partially guaranteed by the U.S. Small Business Administration. The SBA reduces risk for lenders by guaranteeing 50–90% of the loan amount, helping small businesses qualify for financing they may not otherwise receive.
For-profit U.S. businesses that meet SBA size standards. Real estate investors, speculative businesses, and certain industries are excluded.
- SBA 7(a) Loan: The most common, flexible option for working capital, equipment, or expansion.
- SBA 504 Loan: Designed for real estate or large fixed assets.
- SBA Microloan: Up to $50,000 for startups or smaller businesses.
- SBA Disaster Loan: For businesses affected by declared disasters.
Apply through an approved SBA lender such as Jeanne D’Arc Credit Union. Gather business and financial documents, and be prepared to use personal credit to secure the loan.
- 7(a): 4–6 weeks
- 504: 6–8 weeks
- Microloans: 2–4 weeks
Some 7(a) and 504 loans have prepayment penalties within the first 3 years.
You need to be a business member of Jeanne D’Arc Credit Union to apply for an SBA loan. Eligibility requirements include:
- Any business (fraternal organization, voluntary association, sole proprietorship, partnership, limited partnership, corporation, limited liability company, or limited liability partnership) composed principally of individuals who are themselves eligible for consumer membership at Jeanne D’Arc Credit Union may become a business member.
- Membership is limited to those individuals who live, work, or attend school in Middlesex or Essex counties, the cities or towns of Fitchburg, Leominster, Harvard, Lunenburg, or Lancaster, or the New Hampshire counties of Hillsborough or Rockingham, and their immediate families.
- Be able to describe their business activities and provide certain supporting documentation.
- A $5.00 Membership Account is required.