SBA Loans
The Small Business Administration (SBA) is the government agency that partially
guarantees SBA loans approved and funded through individual banks. SBA loans are
designed to provide financial assistance to eligible small businesses for a variety of
Working Capital and Fixed Assets. Generally, the loans are the least expensive
financing option available to small businesses while providing both low-interest rates
and long-term repayment.
Basic uses for the SBA 7(a) loan include:
- Long and short-term working capital†
- Revolving funds based on the value of existing inventory and receivables
- The purchase of equipment, machinery, furniture, fixtures, supplies, or materials
- The purchase of real estate, including land and buildings
- The construction a new building or renovation an existing building
- Establishing a new business or assisting in the acquisition, operation, or expansion of an existing business
- Refinancing existing business debt, under certain conditions
†Working Capital –includes most operating expenses needed in the running of the day-to-day business. These include recruiting/hiring staff, computer phone system, seasonal financing, marketing, purchase of supplies/materials, etc.
SBA Lending Options
SBA Express Loans
Time in Business
Start Up or Existing Businesses
Loan Size
$25,000 to $350,000
Loan Term
10-year term with no prepayment penalty
Use of Funds
Working Capital†, Inventory, Debt Refinance, Equipment or Commercial Real Estate Purchase
Approval Time
Pre-qualify within 5 business days*
Closing Time
Usually 30 days*
*After receipt of completed application package and required documents
SBA FlashCap™ Loans
Time in Business
2 or more years in business
Loan Size
$25,000 to $350,000
Loan Term
10-year term with no prepayment penalty
Use of Funds
Working Capital†, Inventory, Debt Refinance, Equipment or Commercial Real Estate Purchase
Approval Time
Pre-qualify within 5 business days*
Closing Time
Usually 14 days*
*After receipt of completed application package and required documents
SBA 7(a)Premier Loans
Time in Business
Start Up or existing businesses
Loan Size
$25,000 to $5 million
Loan Term
10-to-25-year terms
Use of Funds
Working Capital†, Debt Refinance, Equipment or Commercial Real Estate Purchase, new(ground-up)Construction, Real Estate Renovations, Business Start-up, Franchise Financing, Business Acquisition
Approval Time
Pre-qualify within 7 business days*
Closing Time
Usually 30-45 days*
*After receipt of completed application package and required documents
Other Lending Options
Commercial Lending
Loan Purpose
Commercial lending for substantial projects
Loan Size
$5 million to $100 million+
Closing Time
Differs depending on loan size; typically requires considerable documentation
*After receipt of completed application package and required documents
New Store & Franchise Financing
Loan Purpose
Funding for a start-up business,expanding or purchasing an existing franchise operation
Loan Size
$25 million to $100 million+
Closing Time
Multi-Unit store acquisitions, large debt restructure, retirement transfers to children or buyer, real estate and building loans
*After receipt of completed application package and required documents
Equipment Financing & Leasing
Loan Purpose
Funding for Equipment
Loan Size
$25 million to $100 million+
Closing Time
Equipment/Truck purchase/leasing, store build-out, signage, point-of-sale, computer & phone systems
*After receipt of completed application package and required documents
Other Lending Options
Line of Credit
Loan with a pre-set limit and flexible repayment options excluding interest
Inventory Financing
Short-term loan or a revolving line of credit to purchase products
Invoice and P.O. Factoring
Loan based on account receivables
Merchant Cash Advance
Cash advance againstfuture sales
Private Money Lending
Non-bank loans funded by private individuals
Commercial Bridge Loan
Short-term financing used between a business’s current need for financing and more long-term financing
*After receipt of completed application package and required documents
National Lending Footprint!
Multi-Lenders in each Category!
Competitive Interest Rates!
