If you don’t qualify for traditional bank financing, a Small Business Administration (SBA) loan might be right for you. SBA loans can be used to start or acquire a business, purchase equipment, and refinance or acquire inventory or working capital. We will partner with you to understand your business and your short and long‐term goals to determine if an SBA loan is right for you. We provide financing for Standard SBA 7(a), SBA Express, and SBA 504 Programs.
SBA 7(a) loans for up to $5 million can be used by eligible for-profit businesses for commercial real estate, construction or renovation, purchase of machinery or equipment, purchase of furniture or fixtures, working capital, inventory, a line of credit, refinancing existing debt, and purchasing eligible businesses.
SBA 504 loans must be used for fixed asset projects such as purchasing land and improvements, including existing buildings, grading, street improvements, utilities, parking lots and landscaping, and construction of new facilities.
- Long-term financing
- Improved cash flow
- Lower down payments
- Competitive interest rate
- Flexible terms and conditions