SBA loans are long-term small business loans partially guaranteed by the government.
The Small Business Association is a federal agency committed to furthering the growth and development of small businesses and partners with lenders nationwide in their loan programs. Small business association loans offer business owners the opportunity to take advantage of favorable terms as part of the SBA program while removing some of the barriers to traditional financing options.
SBA 7A Loans are the most common type of SBA loan and can be used for a variety of purposes, including working capital, refinancing, equipment, and real estate. Terms for SBA 7A loans are generally longer than for conventional loans, giving borrowers more time to repay the loan.
As a Preferred SBA Lender, our program offers a faster loan process with reduced paperwork for businesses that have been in operation for less than two years. We customize Small business association loans based on the unique needs of the business owner. The funds may be used for vehicle purchases, equipment, inventory, or business expansion. Contact us today to learn more about our SBA loan program and how we can help your small business grow.