MaplesteadFinance Partners

Non-SBA business financing for owners the SBA no longer serves

Since March 1, 2026, SBA 7(a) and 504 loans require every owner to be a U.S. citizen or U.S. national living in the United States. If you or a co-owner holds a green card or a visa, I find the non-SBA lenders that will look at your business — and I prepare the package they ask for.

Source: SBA Policy Notice 5000-876441 and Procedural Notice 5000-876626 (both effective March 1, 2026).

What I can find

  • Equipment finance

    Loans or leases secured by the equipment you buy.

    Details →
  • Invoice factoring

    Cash advanced against invoices you have already issued.

    Details →
  • Non-bank term loans

    Fixed-payment loans and lines from non-bank lenders.

    Details →
  • State & CDFI programs

    Mission-driven lenders and state funds, often with below-market rates for eligible borrowers.

    Details →

Why owners use a broker for this

  1. Lower-cost options checked first.

    I look at state programs and CDFIs before higher-cost lenders. Those programs rarely pay broker fees, so if one fits, I tell you in writing what my fee would be before you proceed.

  2. A lender-ready package.

    I was an operating CFO; I build the financials, the use-of-funds, and the cash-flow case myself.

  3. No merchant cash advances.

    I do not place MCAs or daily-debit products.

Who this fits

  • A business with revenue
  • Most requests are $100K or more; smaller amounts may fit state and CDFI programs
  • A permanent resident or visa holder owns part of the company

Not a fit: startups with no revenue, or loans secured by real estate.

See which lenders will look at your business.