The U.S. Small Business Administration (SBA) recently highlighted the Microloan Program in two articles focused on the role of smaller-dollar financing in helping entrepreneurs start and grow their businesses.
In a March 26, 2026, article titled “Not Every Entrepreneur Needs a Million Dollar Loan,” SBA Southeast Regional Administrator Tyler Teresa highlighted the Microloan Program as an option for businesses seeking smaller amounts of financing. SBA noted that Microloans range from a few hundred dollars up to $50,000 and average around $13,000.
The article also highlighted the role of SBA’s nonprofit intermediary lenders. Microloan intermediaries work directly with borrowers and can provide management and technical assistance in addition to financing.
A second article, published March 31 by SBA Atlantic Regional Administrator Matt Coleman and titled “SBA Microloans Offer Proven Low Dollar Financing for Small Businesses,” similarly highlighted Microloans as a financing option for startups and small businesses with smaller capital needs.
According to SBA, Microloan funds can be used for purposes including equipment, inventory, working capital and other business expenses. The program provides loans through nonprofit, community-based intermediary lenders that have experience with lending and technical assistance.
Together, the two SBA articles provide a recent look at how the agency is describing the Microloan Program and the role of nonprofit intermediaries in providing smaller-dollar financing to small businesses.
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