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Small Business
Government Loan - SBA Loan
Small business government loan - What
is an SBA loan?
The Small Business Administration (SBA) makes loans available
through participating lenders to eligible small businesses on favorable terms.
Why use an SBA loan?
SBA loans offer competitive rates and longer terms.
In addition, they have no points, no balloon payments, and no pre-payment penalties
on loans with terms less than 15 years.
What can I use an SBA loan
for?
Purchase commercial real estate, acquire a business or franchise,
buy or lease machinery and equipment, lower your payments, refinance your debt,
refinance commercial real estate or building, working capital, purchase inventory,
leasehold improvements, build, expand or relocate.
Who is eligible?
Most for-profit small businesses are eligible for an SBA loan. These include manufacturing,
wholesale, retail and service businesses, as well as independent or franchise
businesses.
How much can I borrow?
We offer total financing
packages anywhere from $200,000 up to $5.0 million.
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