SBA (Small Business Administration) Loans
- Summary
We understand that small businesses need access to capital to expand their operations, whether your annual sales are $250,000 or $7,000,000. SBA Loans can be used for:
- Building purchase, refinance or improvements
- Equipment purchases
- Inventory
- Buy a business
- Open a new location
- Buyout a partner
- Working capital
- Terms
Terms for financing your business needs can range up to 25 years and for up to $2,000,000. Average terms are:
- Owner Occupied Building, 25 years
- Equipment, 10-15 years
- Combination of needs, 10-15 years
