Unlocking SBA Loans Despite Tax Liabilities

Generally, if there is any money owed to the Federal government, an SBA lending bank will not issue any credit to a business. Because American Capital Group works with many different SBA lenders, we have programs that approve SBA loans even if the owners owe taxes.

An SBA loan can be funded to a business if the applicant owes taxes ONLY if there is an established payment plan with the IRS in place.

If there are tax liabilities (personal or business-related) that have remained unpaid for an extended period of time, there may be liens or judgments in place. If this is the case, the availability to enter a payment plan is not offered by the IRS. Therefore, any tax liens and judgments would result in an automatic decline for SBA loan approval.

Payment plans can be set up online or by calling the IRS.

For assistance with getting approved for an SBA loan or to explore unique options for the business, apply here.