Government Guaranteed Loans

The Small Business Administration provides our bank partners with a guarantee (percentages of the guarantee vary with the programs below) that you will repay the loan our bank partners make to you. Our banks are some of the most experienced lenders in these programs. A few have been granted Preferred status by the SBA, allowing them to in effect make decisions for the SBA.

 

SBA EXPRESS TERM LOANS

When your business needs working capital to grow, the SBA Express is the answer for loans from $20,000 to $150,000. The bottom line is, Express brings big ideas to small business.

Purpose: Working capital, purchase equipment
Loan Amounts: $20,000 to $150,000
Collateral: Best available lien on business assets
Term: Up to 10 years
Rate: Variable rate
Time in Business: Minimum of two years
Credit Score: Minimum FICO of 725 (SBA scoring model of 170+)
Eligibility: Owner-operated and for-profit
No construction/tenant improvements
Must have location identified
LTV: Not applicable

 

SBA ADVANTAGE LOANS

Take advantage of our many loan opportunities to and expand your small business. We're here to meet and exceed your expectations so you can do the same for your clients.

Purpose: Working capital, refinance, business acquisition, R/E purchase, purchase equipment or inventory
Loan Amounts: $150,001 to $350,000
Collateral: Commercial R/E, inventory, FF&E (furniture, fixtures, and equipment)
Term: Varies, up to 25 years
Rate: Variable rate
Time in Business: Minimum of two years
Credit Score: Minimum FICO of 725 (SBA scoring model of 170+)
Eligibility: Owner-operated and for-profit
No construction/tenant improvements
Must have location identified
LTV: Varies

SBA 7(A) LOANS

Take advantage of our many loan opportunities to and expand your small business. We're here to meet and exceed your expectations so you can do the same for your clients.

Purpose: Working capital, refinance, business acquisition, R/E purchase/construction, purchase equipment or inventory
Loan Amounts: $350,001 to $5,000,000
Collateral: Commercial R/E, inventory, FF&E (furniture, fixtures, and equipment)
Term: Varies, up to 25 years
Rate: Fixed or variable rate
Time in Business: Start-ups welcome
Credit Score: Minimum FICO of 700 (SBA scoring model of 140+)
Eligibility: Owner-operated and for-profit
LTV: Varies, up to 90%

SBA 504 LOANS

Purpose: R/E purchase/construction, purchase long-term machinery or equipment
Loan Amounts: Up to $10,000,000
Collateral: Commercial R/E, equipment, machinery
Term: Varies, up to 25 years
Rate: Fixed or variable rate
Eligibility: Owner-operated and for-profit
No c-stores, gas stations, or hospitality
LTV: Varies, up to 90%

USDA B&I LOANS

Purpose: Working capital, refinance, business acquisition, R/E purchase/construction, purchase equipment or inventory
Loan Amounts: $500,000 to $10,000,000
Collateral: Commercial R/E, inventory, FF&E (furniture, fixtures, and equipment)
Term: Up to 30 years
Rate: Fixed or variable rate
Eligibility: Owner-operated businesses with facilities located in rural areas
LTV: Varies, up to 90%

 

Call Bob Zinn - 954-522-3773

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