SBA Loans

SBA 7(a)

The SBA 7(a) Loan Program is the Small Business Administration’s primary lending program designed to help small businesses secure the financing they need for various business purposes. These loans are guaranteed by the SBA, reducing the risk for lenders and making it easier for businesses to obtain funding.

SBA 7(a) loans can be used for a wide range of business purposes, including:

Business Acquisition
Improving Real Estate & Buildings
Change of Ownership (complete, partial, or partner buyout)
Short- and Long-term Working Capital
Refinancing Business Debt
Furniture & Fixture Purchasing
Equipment Purchasing
Leasehold Improvements

Here are the benefits of Choosing an SBA 7(a) Loan for Your Small Business:

Low Interest Rates
Long Repayment Terms
Low Down Payments
Fewer Fees
Fast Access to Capital
Personalized Lending Solution

SBA 7(a) Loan Highlights

Loan Amount	$500,000 to $5,000,000
Terms & Amortization	Up to 25 Years
Location of Project	Nationwide Funding
Annual Renewal Fee	No Annual Renewal Fee
Funding Timeline	60-90 Days: Depending on the project
Use of Funds	Acquisition, Partnership Buyout, Refinancing non-SBA Debt, Working Capital, Equipment Purchase, Real Estate Purchase, Business Renovations

SBA BOLT Loans

SBA Bolt Loans offer a new and better option for small business owners seeking a swift, efficient, and more affordable way to fuel their operations. In small business, accessing quick and reliable working capital is often the key to unlocking growth and overcoming financial hurdles.

SBA BOLT Loans can be used for working capital needs, such as utilities, payroll, office supplies, marketing costs.

Business Acquisition
Improving Real Estate & Buildings
Change of Ownership (complete, partial, or partner buyout)
Short- and Long-term Working Capital
Refinancing Business Debt
Furniture & Fixture Purchasing
Equipment Purchasing
Leasehold Improvements

To qualify for an SBA Bolt loan, standard requirements are:

Be a U.S.-based business operating for profit.
Meet the SBA’s definition of a small business.
Operate within an eligible industry.
Be unable to obtain financing on reasonable terms from nongovernment sources.

SBA BOLT Loan Highlights

Loan Amount	$25,000 to $150,000
Terms & Amortization	10 year term; monthly repayment schedule
Location of Project	Nationwide Funding with No Rural Constraint
Annual Renewal Fee	No prepayment penalty, other SBA loan fees may apply
Funding Timeline	Approval and funding are significantly faster than other SBA loans, with funds potentially available in just a few days after approval
Use of Funds	Working capital needs, items such as payroll, office supplies, utilities and marketing costs