SBA 7(a) Loans

Purpose of Loan

Commercial Real Estate Purchase
Special programs to finance equipment or working capital

Size of Loan

up to $2,000,000

Cash Injection Requirements

as little as 10% for Real Estate Purchases

Terms of Loans

up to 25 years for Real Estate
up to 15 years for Equipment
up to 7 years for Working Capital

Loan Fees

SBA Guaranty Fees range from 2.0% to 3.5% of the loan amount and are generally included in the loan proceeds.

Qualifying Requirements

Adequate cash flow to cover debt levels
Owner User Property
Acceptable Credit History