Could an SBA Loan help your business grow?
The Small Business Administration (SBA) partners with lenders to offer government-backed financing programs that help small businesses access credit. SBA loans range from small to large and can be used for most business purposes, including long-term fixed assets and operating capital.
These loans have different features and terms than conventional loans and can offer businesses several key advantages.
SBA 504 Loan
The SBA 504 loan program provides approved small businesses with long-term, fixed-rate financing up to $12,000,000 to acquire fixed assets for expansion or modernization.
SBA 7(a) Loan
The SBA 7(a) loan program is the SBA's primary program for providing financial assistance up to $5,000,000 to small businesses.