Terms include:

  • Up to 25 years on loans which include commercial real estate purchases
  • Up to 10 years on all other loans
  • Financing up to 90% of the total project costs!
    • This means lower down payments up front, allowing you to keep more cash in your business to support operations. Other types of commercial financing can require a deposit of up to 30% v. only 10% for an SBA term loan.
  • No points charged by Lender
  • Flexibility of proceeds uses
    • The uses for SBA 7(a) funds are broad—you can refinance existing debt, buy land or a building, purchase inventory, finance equipment, make upgrades to your business location, all in 1 loan.


Questions? We’re here to help! Contact the SBA loan team today!

SBA 7(a) Loans - Flexibility, Longer Terms and Lower Down Payments

   
  • Get funds to expand your business, buy out a partner, purchase commercial property, build a new facility, upgrade equipment, and more.
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  • Get the business banking support and advice you need. Our Small Business Loan Team is standing by to assist you from application to closing.
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  • Loan amounts up to $5 million.