SBA loan with AR as collateral?

June 23, 2025
by a searcher from Instituto Tecnológico de Buenos Aires in United States
Has anyone come across an SBA that accepts Accounts Receivable as collateral (without discounting them as if they were junk paper)?
We’re exploring financing options to support our growth with reasonable terms (ideally through an SBA) but a recurring challenge has been that most lenders either don’t consider AR at all or apply extremely punitive discounts.
I’d really appreciate any leads. Happy to share more context via DM.
Thanks in advance!
from Eastern Illinois University in 900 E Diehl Rd, Naperville, IL 60563, USA
from Emory University in Tucson, AZ, USA