The U.S. Small Business Administration is an agency of the federal government established in 1953 to assist small business enterprises. The SBA administers the loan guaranty program, which provides a financial guaranty to a qualified eligible business to help with obtaining long-term financing from the private sector. The SBA generally requires a 20% personal equity position (skin in the game) depending on the SBA program you may use. Term loans can be amortized up to 10 years.
In the late nineties, the SBA guaranteed over $10 billion in small business guarantees and assisted in creating thousands of jobs all around the U.S.