SBA Loans in Ravenna, OH
Unlock the power of the SBA to fuel your business growth, with flexible terms and low rates
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Great Rates, Less Requirements & Smaller Down Payments
StartCap simplifies SBA loans in Ravenna, OH for small business owners. We offer flexible options and expert support to help your business grow. Trust us to provide the funding you need to succeed.
Rates as Low as 6%
Yes, you read that correctly—access SBA loans with competitive rates that help your business thrive.
Terms up to 25 Years
Enjoy long repayment terms, giving you the flexibility to manage your cash flow over time.
Flexible Uses
Use your SBA loan for working capital, equipment, real estate, or other business expenses.
We're More Than Ravenna SBA Loans
StartCap is dedicated to helping businesses in Portage County grow and succeed. Our flexible financing options are designed to provide the support and resources needed to help you achieve your goals, no matter the challenge.
From idea to orbit, we've got you covered.
No matter where you're at in your journey, we have options to help you get to the next level.
Idea-Stage
Got a brilliant idea and ready to launch? We’ll help you get registered with your state and secure the funding you need to take off.
Early-Stage
Lifting off can be tough, but it doesn’t have to be. We’re here to give your new venture the boost it needs to soar.
Well-Established
Keep operations running seamlessly with the right funding for vendors, inventory, payroll—whatever your business needs to stay on course.
+ 3-Months of Free Digital Marketing
For a limited time, our expert in-house marketing team is offering 3 months of premium marketing services—valued at $20,000—to help drive leads and sales for your start-up, whether you're in Ravenna or nationwide.
Here's a truck load of stuff to get kicked off
Find SBA Loans Near Ravenna, OH
In Ravenna and nearby areas, entrepreneurs can access the financial resources they need to succeed. Our flexible solutions help facilitate growth and meet your unique business objectives. From Kent to Akron and beyond, we're your credit line specialists.
SBA Loan FAQ's
Ravenna, OH sits at the crossroads of small business opportunity, with local lenders understanding the nuanced financial needs of regional founders. The city's economic landscape offers multiple avenues for small business financing, particularly through Small Business Administration (SBA) loan programs designed to support growth and development.
Here are a few local suggestions:- First National Bank at Main Street & Center Road
- Huntington Bank at Ohio Route 59 & Route 14
- PNC Bank at West Main Street & Center Street
- Key Bank at Southeast Cornersburg Location
- Portage Community Bank at Freedom Street
- Kent State University Credit Union at Summit Street
SBA loans in Portage County offer new business owners critical funding for equipment purchases, working capital, real estate acquisition, and startup expenses. Local lenders recognize the importance of supporting regional economic development through tailored financial solutions that address the specific challenges faced by small enterprises in northeastern Ohio.
Note: StartCap is not associated with the above lenders in any way. Contact your local branch for the most accurate information & requirements.Interest rates for SBA loans in Ravenna, can vary widely based on the lender, loan type, and your personal credit profile. Traditional banks typically offer rates between 6% to 12% for well-qualified borrowers, though approval can be strict. SBA loans in Ravenna, which are popular for new businesses, generally have rates ranging from 6% to 13%, depending on the loan program. Alternative and online lenders may have higher rates, often between 6% to 30%, as they take on more risk, offer more flexible requirements, and time to funding is much faster.
Yes, your business needs to be registered with the state to qualify for SBA funding. However, to receive funding from StartCap, your business doesn't need to be registered with the state. We can help you explore alternative funding options that rely more on personal credit, income, or assets if you're not registered. Or, we can help you to get registered.
Small businesses in Ravenna, located in Portage County, Ohio, can access SBA loans through various qualifying criteria. Local restaurants, retail stores, professional services, and home improvement contractors like plumbers and electricians frequently meet SBA lending requirements for financial support.
Manufacturing firms, tech startups, and service-based businesses within Portage County's economic ecosystem often benefit from SBA loan programs. Businesses demonstrating stable revenue, strong credit profiles, and strategic growth plans in Ravenna's competitive market typically receive favorable loan consideration.
