Working Capital, SBA Loans, Lines of Credit, Hard Money

SBA Loans - Small Business (504 and 7A)

SBA Loans can be a great way to finance your small business, and offer a number of benefits that can make them even more attractive. These benefits include:

  • Guaranteed loans: Offered through the Small Business Administration are guaranteed by the government, which means that lenders are more likely to approve your loan application.
  • Competitive interest rates: Lower rates can save you money on your monthly payments.
  • Longer repayment terms: SBA loans offer longer repayment terms than traditional bank loans, which can make your payments more manageable.
  • Flexible use of funds: Proceeds can be used for a variety of business purposes, including working capital, equipment purchases, and expansion.

Small Business 504 Loans

SBA 504 Loans can be used to finance existing buildings or land, new facilities, and long-term machinery and equipment.

* Fixed-rate long term financing
* Loan amounts up to $5.5 million
* 10, 20, and 25 year maturities

 

Small Business 7(A) Loans

SBA 7(A) Loans can be used for the purchase and installation of equipment, machinery, and supplies, as well as to refinance existing business debt.

* Maximum loan amount of $5 million
* Revolving credit lines up to 10 years

 

Here are some additional benefits of using SBA Small Business Loans:

  • Access to counseling and education: Lenders SBA lenders often offer counseling and education services to help small business owners get started and grow their businesses.
  • Increased credibility: Loans can help you build credibility with potential customers and partners.
  • Tax benefits: Programs may be eligible for certain tax benefits, which can save you money.

In summary, the SBA 504 loan program serves as a valuable resource for small businesses aiming to secure affordable, long-term financing for significant capital investments. With its unique three-part structure, fixed interest rates, and emphasis on economic development, the program plays a crucial role in facilitating business growth and job creation in communities across the United States.

Small Business Loans - SBA 504 7A

To learn more about loans through the Small Business Administration, call 949-614-1300 or contact one of our advisors.