SBA Launches First-Ever Loan Program for Small Manufacturers

The U.S. Small Business Administration (SBA) has announced a groundbreaking new initiative designed specifically to empower America’s small manufacturers. The 7(a) Manufacturer’s Access to Revolving Credit (MARC) Loan Program is the first SBA loan program dedicated exclusively to manufacturing businesses, which make up 98% of all U.S. manufacturers.

This new program expands access to flexible working capital, helping manufacturers create jobs, strengthen supply chains, and reshore production capacity across the country.

What is the MARC Loan Program?

The MARC Loan Program builds on SBA’s existing 7(a) and 504 loan programs by offering a new line of credit tailored for manufacturers. The goal is to provide maximum flexibility with minimal red tape, ensuring small businesses can get the capital they need quickly.

Key features include:

• Flexible Loan Options: Loans may be structured as either revolving lines of credit or term loans.

• Support for Growth: Funds can be used for short-term working capital needs, from inventory purchases to new customer projects.

• Leverage Existing Assets: Businesses may expand their working capital by using equity from their facility or equipment.

• Complementary Financing: MARC Loans can be combined with SBA or conventional commercial loans.

Why It Matters

According to SBA Administrator Kelly Loeffler, the MARC Loan Program is part of a broader effort to strengthen American industry.

“With 98% of American manufacturers classified as small businesses, the new MARC Loans represent a powerful source of targeted capital for those who are growing our nation’s production,” Loeffler said. “This working capital program will empower manufacturers to create jobs, supercharge growth, and reshore American industrial might.”

The program also supports SBA’s Made in America Manufacturing Initiative, which includes reducing $100 billion in regulatory barriers, investing in workforce development, and doubling loan limits for manufacturing businesses.

Additional Resources for Manufacturers

The MARC Program is one piece of SBA’s larger effort to help U.S. manufacturers thrive. Other recent initiatives include:

• The Make Onshoring Great Again Portal, a free tool connecting businesses with over 1 million U.S.-based suppliers and producers.

• Expanded loan limits under the 7(a) and 504 programs.

• SBA’s Lender Training on Demand, providing guidance for financial institutions on the MARC Program.

Learn More

Complete program details will be available on the SBA’s official site: www.sba.gov.
Training for SBA lenders can be found here: SBA Lender Training on Demand.

For businesses in Florida, the South Florida District Office is available to provide direct support:
51 SW 1st Avenue, Suite 201, Miami, FL 33130
305-536-5521
South Florida SBA District Office

Learn more about how the Business Development Board of Martin County supports local manufacturers at www.BDBMC.org.