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SBA Loans

SBA Loans

Happy business owner

Small Business Financing

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 your application process.

  • SBA 7(a) Program - Ideal for startups, this is the primary SBA offering that funds essential business assets needed to launch your venture.

  • SBA 504 Program - Secure your business's future with fixed-rate, long-term financing tailored for acquiring assets, including real estate

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.

  • Up to $5 million in financing
  • 10% down payment
  • Up to a 10-year term for non-real estate loans
  • Up to a 25-year term for loans primarily used for owner-occupied real estate

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.

  • Up to $5.5 million in financing
  • Fixed-rate financing for up to 25 years

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, interest rates between these programs vary.

Collaborating with our Business Service team ensures you find the optimal solution tailored to your unique business objectives and circumstances.

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