When starting a new business or expanding an existing business sometimes financing help is needed. A loan from the Small Business Administration (SBA) is designed to help those business owners that might not qualify for a traditional loan. The SBA participates in a number of different loan programs to fit this specific need.
General Small Business Loans: 7(a)
The 7(a) Loan Program, SBA's most common loan program, includes financial help for businesses with special requirements.
SBA's Microloan Program provides small, short-term loans to small business concerns and certain types of not-for-profit child-care centers.
Real Estate & Equipment Loans: CDC/504
This loan program provides financing for major fixed assets such as equipment or real estate.
SBA provides low-interest disaster loans to businesses of all sizes, private non-profit organizations, homeowners, and renters. SBA disaster loans can be used to repair or replace certain items.
Whether your business is a start up or expanding SBA loan programs are available to help your business succeed. There might be other various loans available to help your situation.
SBA Website: If you would like to research more about the SBA has to offer visit the SBA website to learn more.
Commercial Lenders: To start the loan process contact one of our commercial lenders today.