The U.S. Small Business Administration (SBA) has announced a new 90% Energy Guarantee through its International Trade Loan (ITL) Program, expanding access to SBA-backed financing for small businesses across the energy production supply chain. Effective immediately, eligible businesses in industries including oil and gas extraction, coal and metal mining, mineral production, and related support services can qualify for the enhanced guarantee. The 90% guarantee is an increase from the standard 75% guarantee available through the SBA’s 7(a) Loan Program, providing participating lenders with additional incentive to provide capital to businesses investing in energy production, distribution, infrastructure, and equipment.

The expanded energy financing is part of updates included in SOP 50 10 8.1, which also introduces changes intended to streamline SBA lending and reduce administrative burdens. The SBA says the updated guidance will support investment in critical industries while providing additional flexibility for business acquisitions, ownership transitions, and working capital needs. For eligible energy businesses, the enhanced ITL guarantee may provide another financing option for funding growth and expansion while supporting continued investment throughout the nation’s energy supply chain.