U.S. Small Business Administration (SBA) and USDA Programs
- SBA 7a Programs
- SBA Express/LOC
- SBA Veteran’s Advantage
- SBA International Trade
- SBA Export Working Capital Program
- SBA Export Express
- USDA B & I Program (Rural)
- USDA Agricultural Program (Rural)
- 504 Loans
SBA 7a1 Program & USDA RDOne2 Program
- SBA Export working capital up to $5mm
- SBA Export Express up to $500,000
- Business Acquisition (Goodwill)
- Partner Buy-out (100%)
- Purchase, Refi or Expand/Renovate Owner-Occupied Commercial Real Estate (51% minimum occupancy)
- Leasehold Improvements/Renovations
- Purchase or Refi Furniture, Fixtures, Equipment, Machinery & Inventory
- Working Capital
- Interim Interest thru Construction
- Refinance existing debts
- Construction of Owner-Occupied Commercial Real Estate (65% minimum occupancy for 10 years & 80% after 10 years)
SBA 504 Financing Options
- Purchase or Renovate/Expand Owner-occupied commercial real estate (51% minimum occupancy)
- Purchase Heavy Duty Equipment (Machinery & Equipment)
- Construction of owner-occupied commercial real estate (65% minimum occupancy for 10 years & 80% after 10 years)
Eligibility & Restrictions
1SBA 7a Loan Program has up to 25 year terms (15 or more has a 3 year prepayment penalty)
2USDA RDOne Program has up to 30 year terms (real estate has a 5 year prepayment penalty)
The SBA 7a Programs are for US Citizens or Permanent Resident Aliens, and Owner-occupied and Owner-operated businesses (not for investment or non-profit businesses). Applicants must have a minimum 10% cash, or equity injection (may require additional capital), good credit history (business & personal), capability (must have industry experience and proper licenses when applicable by State Statutes), and commitment (must be willing to sign a personal guarantee and pledge personal assets, if available).
For the USDA Programs, borrowers/business must be located in a Rural Area (per the site map on the USDA website). All loans are subject to credit and SBA approval.
(888) 372-9788