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SBA & Government Loan Programs

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Basic 7(a) Loans

The SBA 7(a) loan program is for general small business loans. Its popularity stems from the wide variety of uses for funds, including establishing a startup or new business; expanding an existing one; or refinancing to acquiring real estate, equipment, or other business acquisitions. Loan amounts can be up to $5,000,000.

SBA Express Loans

These loans work well for businesses that need a revolving line of credit. They offer a quick funding process, with an expedited review process requiring less paperwork, and provide businesses with credit up to $350,000. Funds can be used for startup, expansion, inventory, fixed assets, debt consolidation, or working capital. These loans may be structured as a line of credit or a term loan.

Certified Development Company/504 Loans

504 loans provide financing for fixed assets that help your business modernize and expand. It offers long-term, fixed-rate financing for the acquisition of major business assets like real estate, buildings, equipment, and machinery. They offer a low down payment that’s typically 10%; a competitive fixed-rate; and a 20-year term for real estate or 10 years for equipment. These loans are typically secured with a Certified Development Company.

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