Mansfield Small Business Administration

SBA Loans in Mansfield, OH

Unlock the power of the SBA to fuel your business growth, with flexible terms and low rates  

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No Impact on Credit!
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Written by:
Sam Schneider
Funding Specialist
Edited by:
Matt Labowski
Lead Editor
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A Truly Great Deal, Truly

Great Rates, Less Requirements & Smaller Down Payments

Empower your business with SBA loans in Mansfield, OH through StartCap. Our expert team ensures a smooth process, helping you secure funding to fuel your goals. Take the first step toward success with our trusted solutions.

2-Minute Online App
Dedicated Specialist
Multiple Funding Options
No Impact on Credit to Apply
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Rates as Low as 6%

Yes, you read that correctly—access SBA loans with competitive rates that help your business thrive.

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Terms up to 25 Years

Enjoy long repayment terms, giving you the flexibility to manage your cash flow over time.

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Flexible Uses

Use your SBA loan for working capital, equipment, real estate, or other business expenses.

We're Ohio's Small Business Launchpad

We're More Than Mansfield SBA Loans

Businesses in Richland County can rely on StartCap for the financial support they need to succeed. Our customized solutions are designed to provide the resources necessary to help you scale and grow your operations effectively.

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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.

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Top Tier; Very Cutesy; Very Demure

+ 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 Mansfield or nationwide.

Here's a truck load of stuff to get kicked off

Domain Name
Custom Website
Logo Design
Google Ads Management
Social Media Management
GMB Setup & Optimization
Professional SEO
Web Hosting

Terms & conditions apply

Richland County

Find SBA Loans Near Mansfield, OH

In Mansfield and surrounding cities, entrepreneurs have access to the financial support they need to succeed. Our solutions are crafted to help foster growth and achieve long-term goals. From Ontario to Norwalk and beyond, we're your credit line specialists.

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SBA Loan FAQ's

  Are there any local lenders in Mansfield that can help with SBA loans?

Mansfield, Ohio, a city with industrial roots and agricultural heritage, offers intriguing opportunities for business financing through Small Business Administration (SBA) loan programs. Local business founders seeking capital find multiple pathways to support their growth strategies in this Richland County economic ecosystem.

Here are a few local suggestions:
  • First Federal Bank of Ohio at Park Avenue West & Main Street
  • Mid Ohio Bank at North Main Street & Springmill Street
  • Huntington Bank at Lexington Avenue & Park Avenue East
  • Third Federal Savings and Loan at Mansfield-Lexington Avenue
  • KeyBank at Diamond Street & Main Street
  • Local Credit Union of Mansfield at Ashland Road & Cook Road

SBA loan offerings typically cover working capital, equipment purchases, real estate acquisitions, and refinancing existing business debt. New business owners in the Mansfield region can explore 7(a) loans, 504 development loans, and microloans tailored to different operational requirements and financial scenarios.

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 Mansfield, 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 Mansfield, 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 business owners in Mansfield, Ohio have multiple SBA loan opportunities through local financial institutions. Restaurants, retail shops, service providers like plumbing contractors, and professional services frequently qualify for these federal-backed financing options in Richland County.

Manufacturing businesses, construction firms, and technology startups operating within the OH regional economic framework often meet SBA lending criteria. Local businesses demonstrating solid business plans and financial stability can access loans through the Small Business Administration's comprehensive support programs.

Elevate Yourself

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