SBA Loans
An SBA Loans is a government-backed loan designed to help small
businesses access financing with favorable terms.
Benefits: Lower interest rates, longer repayment terms.
Considerations: Generally a longer application process with many
documentation requirements.
- Dollar Amount: $150k-$5mm
- Term: 10-20 Years
- Buy Rate: Prime + 2.75%
- Revenue Requirement: Profitable Company or 500k+ Rev
- Time in Business: 2+ years
- Credit Score: 640+
- Restricted States: None
- Restricted Industries: NAICS Contingent
- ABD/Neg Days: N/A
- Fees: 5%-10%
- Prepays: N/A
- Commission: 2%-4%