The 7(a) loan program is SBA's primary business loan program for providing financial assistance to small businesses. Generally, the deadline to apply for these longterm, low interest rate loans is 60 days from the declared disasterso we.Borrower may pay the principal and any interest due the. Borrower shall not, however, have the right to assign its rights under this Agreement or any interest therein, without the prior written consent of Lender. Federal agencies do not provide grants for starting a home-based business. However, there are a number of low-interest loan programs that help individuals. Select AccountPersonalBusiness Please fill out this field. Business licenses, documentation of former lawsuits, and lease agreements may also be required. Loaning money to your business or borrowing from it isn't just a way to fill a financial gap; it can be a strategic move in certain situations.