Product comparison
SBA 7(a) offers the lowest APR (Prime + 2.25–4.75%) and longest terms (up to 25 years) but closes in 30–90 days; a conventional ICG term loan funds in 24–48 hours at 8–25% APR.
Last updated 2026-04-16
Two paths, side by side
The same business problem can take very different routes depending on what you optimize for. Here is the honest split.
SBA Loans
You can wait 30–90 days, the amount is $250K+, and you want the lowest APR available for real estate, acquisition, or major expansion.
Wins for
Term Loans
You need funding in days, the amount is under $500K, or your credit/documentation profile doesn't meet SBA thresholds.
Wins for
Side by side
| Factor | SBA Loans | Term Loans |
|---|---|---|
| APR | Prime + 2.25–4.75% | 8–25% |
| Max amount | $5M | $500K |
| Max term | 25 years | 36 months |
| Funding speed | 30–90 days | 24–48 hours |
| Min FICO | 650+ | 550+ |
| Documentation | Tax returns + financials | Bank statements |
Common questions
SBA 7(a) offers the lowest APR (Prime + 2.25–4.75%) and longest terms (up to 25 years) but closes in 30–90 days; a conventional ICG term loan funds in 24–48 hours at 8–25% APR.
You can wait 30–90 days, the amount is $250K+, and you want the lowest APR available for real estate, acquisition, or major expansion.
You need funding in days, the amount is under $500K, or your credit/documentation profile doesn't meet SBA thresholds.
Yes. Many ICG clients qualify for multiple products. Our underwriters will recommend the best fit based on your use of funds, time horizon, and qualification profile.
Ready when you are
Quick application. Real human review. We will tell you which fits.
