Unlocking Business Growth
Discover the power of SBA loans and how they can fuel your business success.
SBA Express / Small Balance
Description
A streamlined SBA loan program offering faster processing and smaller loan amounts.
Purpose
Working capital, equipment purchase, inventory, business expansion, debt refinancing.
Loan Amounts: Up to $300,000
Loan Terms: Up to 10 years
Interest Rates: Prime + 2 - 5%
Collateral: Often requires personal guarantee and business assets as collateral.
SBA 7(a)
Description
The most common and versatile SBA loan, used for a wide range of general business purposes.
Purpose
Purchase of real estate, equipment, inventory, working capital, business acquisition, debt refinancing.
Loan Amounts: Up to $5 million
Loan Terms: Up to 10 years for equipment, up to 25 years for real estate
Interest Rates: Prime + 1 - 3%
Collateral: Personal guarantee and business assets usually required, but flexibility depending on the loan amount and use.
SBA 504
Description
A loan program providing long-term, fixed-rate financing for major fixed assets like real estate or equipment.
Purpose
Purchase of fixed assets such as real estate, buildings, and machinery.
Loan Amounts: Up to $5.5 million (SBA portion)
Loan Terms: Up to 10 - 25 years
Interest Rates: Below market fixed rates
Collateral: 50% bank loan, 40% CDC (Certified Development Company)loan, 10% borrower equity.
SBA Express Loan: Fast and Easy Funding
The SBA Express Loan is a flexible financing option that provides fast and easy funding for small businesses. With simplified eligibility requirements and a streamlined application process, it's the ideal choice for entrepreneurs looking to grow their business.
Eligibility:
Small businesses with a strong credit history and demonstrated ability to repay the loan.
Application:
Apply online or through an SBA-approved lender to get funding within days.
Explore the Benefits of the SBA 7(A) Loan Program Today
The SBA 7(A) Loan Program provides small businesses with flexible financing options, low interest rates, and longer repayment terms. Discover if you qualify and learn how to apply.
SBA 504 Loan Program: Unlocking Opportunities for Businesses
Learn about the SBA 504 Loan Program, its eligibility requirements, and how to apply for funding to grow your business.
Eligibility
Expand your business with long-term, low-interest financing through the SBA 504 Loan Program.
Application
Discover the step-by-step process to apply for an SBA 504 loan and secure funding.
Explore SBA Loan Options Today
Flexible financing solutions for your business needs