Loan Options

Voyager can help your business reach new heights

Through U.S. government-guaranteed loan programs, the Small Business Administration (SBA) and Department of Agriculture (USDA) help lending institutions provide critical funding to entrepreneurs and small businesses around the country. These guarantees mean that lenders like Voyager Lending can offer competitive terms and lower down payment requirements.

SBA 7(a) Loans

SBA 7(a) loans are the primary program for providing financial assistance to small businesses with fully amortizing term loans. Terms range from 10 to 25 years with a maximum loan amount of $5 million.

SBA Express

This comprehensive program falls within the SBA 7(a) loan program offering term loans and working capital lines of credit. Terms starting at 10 years and a maximum loan amount of $500,000.

USDA Loans

The USDA specifically guarantees loans that help small businesses grow and prosper in rural communities, with terms ranging from 15 to 30 years and a maximum loan amount of $20 million.

Voyager Lending is proud to deliver government-guaranteed loans to businesses that strengthen, sustain, and grow local economies across the Southeast.

Loan interest rates differ based on the specific product, but in general, small business rates are some of the most competitive on the market. Since loan rates fluctuate it’s best to speak with one of our lenders to determine what your interest rate will be. For an SBA 7(a) loan, interest rates are the daily prime rate, which is determined by the Federal Reserve, plus a lender spread which is calculated depending on the loan amount and the loan term. Our lending team will gladly walk you through any questions you may have about specific interest rates, depending on the unique needs of your business.
The interest will vary based on the loan type and project. Rates may be fixed, variable or a combination of fixed and variable. 
Equity injection will depend on the use of funds, on average it is 10% of the total project cost.

To expedite the financing process please have the following items ready. Having digital copies in PDF format will help the process go smoother. Additional application documents may be needed.

  • Identification such as Driver’s License
  • Personal Financial Statement 
  • Personal tax returns
  • Business tax returns and financials (balance sheet, profit & loss, debt schedule)
  • Know your credit score and be able to explain any items on your credit report
  • Business plan and projections for startups and expansions
Term loans and working capital lines of credit through the SBA and USDA.
Generally, unconditional personal and corporate guarantees are required from individuals and entities owning 20 percent or more of the borrowing entity. 
Please contact us and our team will be happy to discuss your business needs.