SBA
Programs
SBA Working Capital
Loan Conditions
• Approvals $150,000 to $5,000,000
• 10yr Terms
• Rates Prime+ 1-2.75%
• Monthly Repayment
Loan Stipulations
• 2+yrs Business Tax Returns (most recently filed)
• 2+yrs Personal Tax Returns (most recently filed)
• 2+yrs Financials (debt schedule, profit & loss, balance sheet)
• Credit Minimum(s) 640-680
*No collateral required for loans under $350,000
SBA Commercial Real Estate
Loan Conditions
• Approvals $150,000 to $8,000,000
• 25yr Terms
• Rates Prime+ 1- 2.75%
• Monthly Repayment
Loan Stipulations
• 3yrs Business Tax Returns (most recently filed)
• 3yrs Personal Tax Returns (most recently filed)
• 3yrs Financials (profit & loss & debt schedule)
• Credit Minimum 640
• 100% Financing Available w/2yrs+ Time in Business (otherwise 90% LTV applies)
• Construction & Renovation Allowed (including ground up construction)
• The Business Must Occupy 51% of the Square Footage. Expansion Requests for Strong Businesses may be Eligible for 100% Financing.
SBA Start Up
Loan Conditions
• Approvals $150,000 to $5,000,000
• 10yr Terms
• Rates Prime+ 1-2.75%
• Monthly Repayment
Loan Stipulations
• 3yrs Personal Tax Returns (must have transferable experience)
• Personal Financial Statement (SBA 413 Form)
• Comprehensive Business Plan (professionally drafted)
• 2yrs Pro Forma Projections
• Resume per Guarantor
• Minimum Credit 640