The most common source of small business loans is the U.S. Small Business Administration (SBA). They work with participating lenders to guarantee loans to small businesses who might be considered high-risk borrowers.
7(a) loans are the most common loans available through the SBA
New York Forward Loan Fund 2 provides flexible loans to New York State small businesses with fewer than 100 employees and less than five million dollars in gross annual revenue up to $150,000 with affordable, fixed-rate interest rates.