SBA 7(a) Loan Program Features
Use of Proceeds
Real Estate purchase, refinance and construction, business expansion and acquisition, equipment purchase, partner buyout and franchise financing
Loan Amounts
7(a) Loan Amounts Up to $5,000,000
Interest Rate
Fixed and variable rates available
Term
Up to 25 years, fully amortizing
Loan to Value
 
 
 
Prepayment
·         Up to 100% on machinery and equipment
·         Up to 90% on business acquisitions
·          Declining 3 Years
Benefits
·         Fixed and variable rates available
·         Longer terms to maximize cash flow
·         No balloon payments or call language provide long-term safety for the borrower
·         Expert relationship managers walk you through the SBA 7(a) application process step by step to ensure your experience is hassle-free