SMALL BUSINESS LENDING -with terms to fit your needs
• Borrow up to $5 million.
• All 7(a) loans are fully amortized with no balloons or call dates.
• Loans for working capital, machinery, and equipment have a maturity of 5-10 years, up to the useful life of the equipment. Real estate loans have a maturity of up to 25 years.
• Rates are based on a spread over the Prime Lending Rate. Rates vary depending on the specific strengths of the transaction.