SBA 7a Loans

The purpose of the SBA 7(a) loan is to serve and help elgible small businesses obtain financing when they might not qualify for business loans through standard lending institutions. The 7(a) business loan is the agency's most flexible business loan program, due to financing being guaranteed for a variety of general business needs.

Loan proceeds can be used for most sound business purposes including working capital, machinery and equipment, furniture and fixtures, land and building (including purchase, renovation, rehabbing, and new construction), leasehold improvements, and debt refinancing (under special conditions). Loan maturity is up to 10 years for working capital and generally up to 25 years for fixed assets. The typical client is one who is in the stage of start-up or an existing small business, and availbel from commercial lending institutions.

SBA 7a Loan
SBA 504 Loan