SBA Loans

There are multiple types of SBA loans

SBA 7(a): This is the primary SBA-guaranteed loan. With a limit of up to $5 million, this can be used to refinance current debt and purchase equipment, supplies, or property with added working capital.

SBA 504: These are long-term fixed-rate loans used to acquire real estate or equipment through commercial lending firms. With a limit of up to $15 million, these can be used to retain or expand your business.

SBA Express: The express SBA loans are offered up to $350,000 and the turnaround time is much faster, with an average closing time period of 1 month.

Requirements:

700 Credit
Last 2 Years Profitable Shown on Tax Returns
No Judgements or Defaults

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