Small Business Administration

“The biggest risk is a missed opportunity"
Comprehensive programs that are designed to help your emerging businesses grow

What is SBA?

The fundamental difference between SBA and traditional commercial loans is that SBA guarantees the loan repayment. The SBA then guarantees part of their repayment (the maximum guarantee is 85 % for loans under $150,000 and 75 % for loans over $150,000). The guarantee reduces the risk for lenders, allowing lenders to finance those businesses that they would otherwise not considering making the loan.
Loan Type Purpose & Usage Size & Terms
SBA 7(a)
  • Working Capital
  • Refinance debt
  • Business/franchise acquisition
  • Equipment purchases
  • Up to $5 million loan
  • Up to 10 years repayment terms
  • Monthly repayment cycle
SBA CAPLines
  • Finance operating capital
  • Fulfill contracts or purchase orders
  • Perform construction or significant renovations on an eligible project
  • Up to $5 million loan
  • Up to 10 years of credit facility term
  • Payment is based on borrower's collection of accounts receivable and inventory sales
  • The specific structure is negotiated with the lender
SBA Small Loan Advantage
  • Finance businesses in underserved market
  • Access to capital for job creation in the community
  • Up to $350,000
  • No loan guaranty fee for loans below $150,000
  • Up to 10 years loan maturity
  • Revolving lines are not allowed
SBA Export Working Capital Program (EWCP)
  • Finance operating capital
  • Finance pre- and post-shipment needs
  • Support Standby L/C
  • Finance working capital
  • Up to $5 million
  • 1-year loan terms
SBA International Trade Loan Programs (ITL)
  • Develop or expand into international markets
  • Equipment purchases
  • Refinance debt
  • Up to $5 million
  • Up to 10-year terms
SBA Export Express Loan Program
  • Enhance export Development
  • Support Standby L/C
  • Up to $500,000
  • Up to 7 years loan maturity
  • Term loan or revolving line of credit form
Loan Type Purpose & Usage Size & Terms
SBA 7(a)
  • Commercial Real Estate purchases
  • Leasehold improvements
  • Not funds for speculation or investment in rental real estate
  • Up to $5 million with 90%
  • Up to 25 years loan terms for real estate and equipment
  • Up to 10 years loan terms for working capital
SBA 504
  • Owner-occupied commercial real estate purchase, construction or renovation
  • Other fixed assets purchases
  • Up to $14-20 million
  • 10 or 20 years repayment terms
SBA International Trade Loan Programs (ITL)
  • Leasehold improvements
  • Refinance an existing loan
  • Up to $5 million
  • Up to 25-year loan terms