SBA 7A Loan

With funds available up to $5 million, our ‘Big Ticket’ loan is terrific for start-ups, business acquisitions, debt refinance, working capital, inventory, and tenant improvements.

​

Designed specifically for:

​

• Business Acquisitions

• Commercial Real Estate Purchases

• Franchise Start-ups

• Variable interest rate:

  • Capped at WSJ Prime Rate + 2.75%

  • Reviewed quarterly by Federal Reserve

• 10-year term, fully amortized, no pre-payment penalty

• Required equity injection starting at 15% of total project

• cost from non-borrowed sources, per SBA guidelines

• Secured by business assets, personal collateral will be required

• Closes within 60 business days

• Consulting fee of $2500 due upon receiving bank approval checklist