There are six SBA loan programs. Most Colorado Springs businesses apply to the wrong one. OnPoint tells you which program fits your stage, revenue, and goals — before you spend 30 hours on a wrong-fit application.
See which SBA loans you qualify for → Free. Takes 2 minutes. No account needed.The SBA doesn't lend money directly. It guarantees loans made by approved lenders, which lowers the risk and unlocks better terms for Colorado small businesses that can't qualify for conventional loans.
The workhorse SBA program. Covers working capital, equipment, real estate, and business acquisition. Most flexible use of funds.
Fixed-rate, long-term financing for major fixed assets. Ideal for Colorado Springs businesses buying commercial property or heavy equipment.
For startups and very small businesses that need smaller capital. Easier to qualify — often the right fit for new Colorado Springs businesses.
Every SBA program has different thresholds, but most lenders evaluate the same core factors. Knowing where you stand before you apply saves you weeks.
Most 7(a) lenders want 2+ years in business and a credit score above 650. Microloans are more flexible — some work with scores as low as 575 for mission-driven lenders in Colorado.
Lenders want to see you can repay. They typically look for a Debt Service Coverage Ratio (DSCR) of 1.25 or higher — meaning $1.25 in cash flow for every $1 of debt payments.
SBA loans above $25K typically require collateral — business assets, equipment, or real estate. Personal guarantees are standard. The SBA won't deny a loan for lack of collateral alone, but lenders weigh it heavily.
The SBA excludes certain industries: lending, gambling, lobbying, and some real estate. Most Colorado Springs retail, service, construction, and professional businesses qualify.
A 2-minute intake covers your revenue, years in operation, credit range, and what you need the capital for. No account, no obligation.
Our Capital Match Engine scores every relevant SBA program — 7(a), 504, Microloan, Express, and others — against your specific profile. You see fit scores, not just program names.
See your estimated approval probability before you touch a single lender application. Understand exactly which factors help or hurt your chances — and what to fix first.
OnPoint's Capital Match Engine analyzes your business profile against every SBA program and alternative funding option. Takes 2 minutes. No account, no broker fees, no pressure.
See which SBA loans you qualify for → Free. Colorado Springs & statewide. No account required.