SBA MARC Loan Program: A Game-Changer for Manufacturers

Manufacturers are the backbone of American industry. That’s why the U.S. Small Business Administration (SBA) has launched the 7(a) Manufacturer’s Access to Revolving Credit (MARC) Loan Program to provide flexible financing that supports growth, innovation, and reshoring efforts.

The MARC program is a loan product designed specifically for manufacturers. It offers a powerful combination of flexibility, long repayment terms, and high funding limits to help businesses thrive in today’s competitive landscape.

“The SBA MARC Loan Program is a major resource for manufacturers. It gives them access to flexible, long-term working capital that’s tailored to their unique needs, whether they’re scaling operations, reshoring production, or taking on new contracts,” said John Hicks, SBA Business Development Officer Sales Manager. “At Choice Bank, we’re excited to help our manufacturing clients leverage this new tool to grow and compete in today’s evolving economy.”

What Is the SBA MARC Loan Program?

The MARC loan is a subset of the SBA’s 7(a) program, tailored to meet the unique needs of manufacturers. It can be structured as either a term loan or a revolving line of credit, making it one of the most versatile working capital solutions available.

How Can Funds Be Used?

MARC loans are designed to support both short- and long-term working capital needs, including:

• Inventory purchases
• New projects or customer contracts
• Accounts receivable financing
• Reshoring production and supply chain improvements
• They can also be used in conjunction with SBA 7(a), 504, and conventional loans, offering manufacturers a full suite of financing tools.

Why Consider a MARC Loan?

• Specialized Focus: Unlike general SBA loans, MARC loans are exclusively for manufacturers, which means less competition and more targeted support.
• Longest SBA Working Capital Terms: The MARC line of credit offers up to 20 years of financing—double the term of other SBA working capital products.
• Streamlined Process: Loans under $2 million are less restrictive, with no borrowing base certificate (BBC) or collateral audit required.

Key Features:

• Loan Amounts: Up to $5 million
• Guarantee: Up to 85% for loans ≤ $150,000; 75% for loans > $150,000
• Terms: Up to 10 years
• Lines of credit: Up to 20 years (10 years revolving + 10 years repayment)
• Interest Rates:Variable: 10.25% to 13.75%
• Fixed: 12.25% to 15.25%
• Eligibility: Must fall under NAICS codes 31-33 (manufacturing sectors)

If you’re a manufacturer looking to expand, take on new customers, or bring production back to the U.S., the SBA MARC Loan Program could be the right fit.

Contact Choice Bank to explore how this new financing option can support your business goals. As an SBA Preferred Lender (PLP) in Minnesota and North Dakota, Choice Bank has the authority to approve, originate, and close most SBA guaranteed loans, which means you get your funds faster. At Choice Bank, our local experts provide quick and personal responses.

Talk to our SBA Lending Team

Give us a few details about your business and our SBA Lending Team will reach out to you shortly.