The amount you can expect to receive from a startup loan will depend on multiple factors, such as your time in business, credit score, collateral and annual revenue. Most small business loans start at $5,000 and can go as high as $10 million, depending on your business’s unique profile.
Newly established businesses should expect a much lower borrowing range. For example, the average SBA Microloan in 2021 was $16,557. Even if you get approved for a more significant amount, it’s best to limit how much you borrow to ensure your business can repay the debt.