An SBA loan is a business loan that is guaranteed by the Small Business Administration (SBA). These loans are derived by banks and private institutions that are often 10 to 30 years in duration, depending on whether or not real estate is used as collateral or not. A variety of very low price financial options can be found for small businesses, but they come with different requirements from credit, cash flow, and documentation perspectives. SBA loans provide favorable rates and longer repayment terms, which make them perfect for up-and-coming businesses or established businesses that want to remain profitable.