The SBA 7(a) loan, the most common general-purpose SBA loan, offers single and multiple disbursement term and real estate loans. Use your loan for working capital or to purchase a business, inventory, or land for construction.
|Ideal For||For-profit businesses that need funds for expansion, purchase another business or manage cash flow. The 7a term loan is also an effective financing tool for experienced business owners who are starting a new business. Your business must meet SBA guidelines.|
|How it Works||A 7(a) loan offers flexibility, longer terms, and lower down payments, compared to other types of business financing.|
Longer terms offer you lower payments to free up cash flow while you grow your businesses.
|Does it work for you?||Ask a Business Banker. We have more than 6,200 stores to serve you. Find the one closest to your home or office.|
|Credit Amount||Term Loans from $25,000 to $5 million.|
|Maximum Interest Rates|
|Collateral||Wells Fargo will take a secured interest business assets and/or a mortgage on real estate.|
|For More Information|
|How to Apply|