The alternative to Sponsor's Profit and Risk Allowance (SPRA) for small business financing is Builder-Sponsor's Profit and Risk Allowance (BSPRA). BSPRA is a 10% allowance used when there is an identity of interest between the mortgagor and general contractor. BSPRA is typically only used for HUD 221(d)(4) loans.
Other alternatives for small business financing include traditional bank loans, SBA loans, and venture capital.