The SBA 7(a) loan is one of the most popular and flexible loans available to small business owners. For those looking to start a new business, acquire or expand an existing business, the SBA 7(a) loan can cover a wide range of financing needs. Multiple uses of proceeds can be combined into one loan, including commercial real estate purchases, equipment purchases, and working capital, creating a loan solution that works for numerous small business needs.
Our team of experienced Business Lending Specialists will guide you every step of the way, ensuring a streamlined and hassle-free loan process. Through the SBA 7(a) loan program, we can ensure a customized loan structure that is right for your unique business needs.
Features of an SBA 7(a) Loan
- Loan amounts up to $5MM
- Lower down payments
- Longer loan amortization; no balloon
- Flexible collateral requirements
- Can include goodwill financing, franchise fees, and closing costs
When you are ready to start your SBA loan process, we are here for you! Contact one of our Business Lending Specialists to get started today.