SBA Loan Programs & Insurance Requirements
Each SBA loan program has specific insurance requirements. We ensure you meet all lender and SBA guidelines.
SBA 7(a) Loan
Most common SBA loan for working capital, equipment, real estate, and business acquisition
REQUIRED INSURANCE COVERAGE
- Commercial General Liability
- Commercial Property Insurance
- Business Personal Property coverage
- Hazard Insurance on collateral
- Flood Insurance (if in flood zone)
SBA 504 Loan
Long-term financing for major fixed assets like real estate and equipment
REQUIRED INSURANCE COVERAGE
- Commercial Property Insurance
- Hazard Insurance on real estate
- Flood Insurance (if applicable)
- Builder's Risk (during construction)
- General Liability Insurance
SBA Express Loan
Fast-track loan with expedited approval process for working capital and equipment
REQUIRED INSURANCE COVERAGE
- General Liability Insurance
- Property Insurance on collateral
- Business Auto (if vehicles financed)
- Equipment Insurance
SBA Microloan
Small loans for startups and small businesses for working capital or equipment
REQUIRED INSURANCE COVERAGE
- General Liability Insurance
- Property Insurance (if applicable)
- Equipment Insurance
How Atesa Streamlines Your SBA Loan Insurance Compliance
We work directly with your SBA lender to ensure all insurance requirements are met correctly and on time
Lender Coordination
We communicate directly with your SBA lender to understand exact insurance requirements and provide compliant certificates of insurance
Fast Turnaround
Quick quotes and policy issuance to meet your closing deadlines. We understand time is critical in loan closings
Compliant Coverage
Properly structured policies with correct loss payee clauses, additional insureds, and coverage limits to satisfy SBA requirements
Our SBA Loan Closing Process
Initial Consultation
Review your SBA loan documents and lender requirements
Coverage Analysis
Identify all required coverages based on loan type and collateral
Competitive Quotes
Shop multiple carriers to find compliant coverage at the best price
Policy Issuance
Bind coverage with proper loss payee and additional insured endorsements
Lender Documentation
Provide certificates of insurance and endorsements directly to your lender
Ongoing Support
Annual renewals and updates to keep your loan in compliance
Common SBA Insurance Requirements
What lenders typically require for SBA loan approval
Loss Payee Clause
Lender must be named as loss payee on property insurance to protect their collateral interest
Additional Insured
Lender added as additional insured on liability policies for legal protection
Certificate of Insurance
ACORD 25 form showing all required coverages and endorsements
Replacement Cost Coverage
Property must be insured for full replacement cost, not actual cash value
Flood Insurance
Required if property is in FEMA-designated flood zone (A, AE, VE)
30-Day Notice
Lender must receive 30-day advance notice of cancellation or non-renewal
Common SBA Loan Insurance Mistakes to Avoid
- Insufficient Coverage Limits: Property insurance must equal or exceed loan amount and replacement cost
- Missing Endorsements: Forgetting to add loss payee or additional insured endorsements delays closing
- Wrong Policy Effective Date: Insurance must be in force at or before loan closing date
- Ignoring Flood Requirements: Lenders require flood insurance even if you think risk is low
- Using Personal Policies: Personal homeowners or auto policies don't meet commercial loan requirements
- Last-Minute Shopping: Waiting until days before closing creates unnecessary stress and risk
Ready to Close Your SBA Loan?
Let us handle your insurance compliance so you can focus on growing your business. Get started today.
Insurance Guidance Tailored to You
Your needs come first. There is no one size fits all solution for your business or coverage. We tailor insurance to your needs, not someone else's goal.
Captive Agents
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SBA Loan Insurance Compliance FAQs
Get answers to common questions about this coverage
Trusted by Our Clients
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Get SBA-Compliant Insurance Today
Don't risk your SBA loan approval. We'll ensure your insurance meets all lender requirements.