Arizona business & SBA loans.

We all know Arizona gets warm outside, but its economy is also sizzling. A small business loan can help your company get cooking in Arizona!


Types of Arizona business loans.

From the Grand Canyon to the Mexican border, Arizona is a beautiful, booming state for small businesses. These types of loans can help your operation stay cool in the Grand Canyon State.

SBA Loans

Small Business Administration (SBA) loans are partially backed by the government but offered through private lenders. Though the approval process may take some time, SBA loans remain popular for their relatively low interest rates. The SBA 7(a) program can be used for working capital, equipment, and other business needs. The SBA 504 loan program can be used for long-term assets such as real estate.

Line of Credit

Somewhat similar to a credit card, a business line of credit allows your company to make purchases on credit and then pay down the balance over time.

Term Loan

With a term loan, a lender disburses the total amount of the loan to your business and then you make monthly repayments (including any interest and fees) over several years.

Equipment Finance

When you agree to equipment financing, you obtain the machinery, vehicles, or other equipment your business needs right away and then pay it off in monthly installments.

Accounts Receivable Financing

Accounts receivable financing is a type of lending where you receive a loan equivalent to how much you are owed on your business’ unpaid invoices.

Arizona small business loan options.

Several local organizations provide small business funding resources in Arizona.

 Cayenne Consulting maintains a list of venture capitalists and other small business investors, which is a great place to start for Arizona entrepreneurs.

Arizona Financial Credit Union offers equipment loans, commercial real estate loans, and SBA loans. They are an SBA Preferred Lending Partner.

You can also find nonprofits that offer microloans for Arizonan small businesses, like the Prestamos CDFI.

Arizona Bank & Trust offers multiple loan products, including SBA 7(a), SBA 504, and SBA Express loans.

As an SBA Preferred Lender, the National Bank of Arizona offers SBA 504 and SBA 7(a) loans to small businesses in the state.

Offering conventional loans, business lines of credit, SBA loans, and other lending solutions, Alliance Bank of Arizona gives small business owners several financing options to choose from.

Arizona Central Credit Union offers multiple loan options including business lines of credit and term loans.

PPEP Microbusiness & Housing Development Corporation offers small business loans up to $250,000 to businesses in Southern Arizona.

Prestamos CDFI offers microloans, SBA Loans, small business loans, and free business coaching in Arizona and surrounding states.

How to apply for a small business loan.

STEP
1
Fill out the 15-minute online application.

It’s secured with bank-grade encryption and SSL technology, so you know your information is safe.

STEP
2
Receive matches.

See which credit cards you qualify for before choosing the one that best suits your business needs and offers the cash rewards you’re looking for.

STEP
3
Get funded.

Once you choose a card, you can get approved in as little as 7-10 days.

Apply Now
Trustpilot

Speak with an Arizona representative.

FAQ about Small Business Loans in Arizona

The Arizona Commerce Authority has an intuitive online guide to lead you through the entire process of setting up shop in the Grand Canyon State. The Arizona Small Business Association is a long-running organization that provides resources, mentorship, and networking for entrepreneurs. Local First Arizona has a series of programs and trainings for small business owners in both urban and rural areas. The MesaCAN Economic Development Program provides free in-person workshops and mentoring to Mesa business owners.

  

Arizona’s state government offers several rolling grant programs for small businesses through the Arizona Commerce Authority—some are for general economic development, while others are focused on businesses working in applied research or located in rural areas. USGrants.org is always a great resource to see if your Arizona-based business is eligible for certain federal grants. The City of Phoenix also regularly offers small grants for local entrepreneurs.

 

In order to be eligible for Arizona business loans, you first need to determine your corporate structure (Ex: sole proprietorship or LLC). Depending on the structure, you might need to register with the Arizona Corporation Commission. You might also need to get a business license from the state—generally, if you are selling physical goods in Arizona, you need a license. Once your business is official, you can apply for funding. Loan decisions are typically based on your business’s history, your business plans, and your personal creditworthiness.

The right loan for your Arizona business depends on your circumstances. Certain types of financing, such as a business cash advance, get you access to fast cash to take advantage of a new business opportunity. Others, such as a business acquisition loan, can help you grow your business strategically. Compare your options easily with Lendio’s free online platform.

Arizona’s economy is growing, and more people move to the state every year than leave. With an Arizona business loan, you can put yourself in the best position to harness this revenue by, for example, opening a new location or launching a new marketing campaign.

Quickly Compare Financing Options from Multiple Funders

Applying is free and won’t impact your credit

Talk to a rep at (855) 853-6346
Mon-Fri 7:30am-5pm MST