SBA Launches First Loan Program for Small Manufacturers

By Asset Allocator Journal Staff

The U.S. Small Business Administration has introduced the 7(a) Manufacturer’s Access to Revolving Credit (MARC) Loan Program, its first loan initiative dedicated to supporting small manufacturers. Designed to provide maximum flexibility with minimal red tape, the program offers both revolving lines of credit and term loans to help businesses meet short-term working capital needs, from inventory purchases to scaling operations. SBA Administrator Kelly Loeffler said the program is part of a broader effort to strengthen domestic production, create jobs, and reshore American manufacturing. Complementing the SBA’s existing 7(a) and 504 programs, MARC Loans can be paired with other financing options, giving manufacturers new tools to expand capacity and growth. Click through to read this press release from the U.S. SBA; full program details are available at sba.gov.