- Designed for businesses looking to purchase an existing business, expand to another location, buy equipment, acquire land or a building, or a combination.
- Ideal for longer term financing for businesses with net worth below $15 million and an average net income below $5 million.
- Loan amount is up to $5,000,000.
- Terms are up to 7 years for working capital, 10 years for equipment, and 25 years for real estate.
- Rates are fixed or variable.
- Learn about fees associated with SBA loans.