Fuel Your Ambitions with Financial Support
Explore our two exceptional Small Business Administration (SBA) loan programs, designed to turn your entrepreneurial dreams into reality. Whether you're launching a startup, expanding operations, or acquiring assets, our expert team is here to streamline the application process for you.
SBA 7(a) Program
This program is the most common SBA program. Eligibility depends on factors like industry, credit history, and location. It supports existing business needs, including acquisition, operation, or expansion.
SBA 504 Loan Program
The SBA 504 program primarily supports real estate and equipment financing, excluding day-to-day operations. It facilitates owner-occupied commercial real estate and fixed-asset purchases through local Certified Development Companies (CDCs), dedicated to community economic development and SBA oversight.
Difference between SBA 7(a) and SBA 504
The main distinction is that the SBA 7(a) Program can cover daily business expenses, while the SBA 504 Loan Program cannot be used for this purpose. Additionally, the interest rates between these programs vary. Collaborating with our Business Service team to ensure you find the optimal solution tailored to your unique business objectives and circumstances.