• Real Estate financing for acquisition, refinance, construction, improvements for owner occupied properties
• Business Acquisition financing
• Business Start-Up financing
• Equipment, Inventory and Working Capital financing

SBA 7(a) Loan Features:

• Size of Loans:
  • $100,000 to $2 Million

• Terms of Loans:
  • Real Estate - up to 25 years, fully amortizing
  • Business Acquisition – up to 10 years, fully amortizing
  • Debt Refinance – 7 to 25 years fully amortizing depending on the use of loan proceeds
  • Equipment, Inventory and Working Capital – 7 to 10 years fully amortizing

• Loan Advance Rates:
  • Real Estate – up to 90%
  • Business acquisition – up to 85%
  • Debt Refinance – up to 100%
  • Equipment, Inventory and Working Capital – up to 100%

• Loan Costs:
  • SBA guaranty fees range from 2% to 3.5% depending on size of loan
  • Additional fees for loan packaging, appraisal, environmental, title/escrow, construction, etc.

• Loan Turnaround Times:
  • 10 business days for Bank loan approval upon receipt of complete loan application package
  • 30 to 60 business days for initial funding from receipt of complete loan application package

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