Applying for a Small Business Administration (SBA) loan can be a long, bumpy ride - but it doesn't have to be.
SBA Application Process Simplified - Contact Us Today!
Don't fear rejection. Our Commercial Loan Relationship Managers will help simplify the SBA loan process. To save you time, we have created a free two-page guide that explains the 10 key documents you should have for the bank when applying for a loan. Following the guide as a checklist will help expedite the process, so you can get the financing you need to grow your business faster.
A portion of SBA loans are guaranteed by the government and these loans allow small business owners to obtain capital with less equity than what is required for a conventional Loan. Here are a few advantages about two types of common SBA loans.
SBA 7(a) Loan Advantages:
- Up to 90% bank financing
- Fully amortized/no balloons
- No pre-payment penalties for loan terms under 15 years
SBA 504 Loan Advantages:
- Low down payment (typically 10%) conserves your cash
- Fixed or floating interest rates available
- Loan amounts up to $15,000,000
Our team is knowledgeable on all types of SBA loans. They are experienced and will guide you through the SBA loan process.
Contact us today and representative will get back to you as soon as possible and within 2 business days with more information and the free guide.