• Issued by banks, credit unions, and private financial institutions. 

• Guidelines set by the individual institutions.

• To qualify, you need a good credit score and favorable business financials.

Loan Purposes

• Real Estate

• Equipment/ FFE

• Land Development/Construction

• Mergers/Acquisitions

• Partnership Buyouts

• Lines of Credit

• Guaranteed and backed by the federal government.

• 10% minimum investment with up to 90% LTV/LTC.

Types of Loans

• 7(a) loan: Interest rates vary based on the borrower’s credit score and type of collateral. With this loan, you can borrow up to $5 million. Great for startups and existing small businesses. 
• Microloans: Ranging from $10,000 to $50,000. For small startups and borrowers with limited collateral and/or sales.
• 504 loans: Long-term, fixed-rate loans used for acquisition and/or developments. Can be used to purchase large pieces of equipment or real estate. Terms can last 10, 20 or 25 years.
• Express: Line of credit up to $500,000. Revolving up to 10 years.  

• For businesses with areas of a population less than 10,000.

• USDA guarantees up to 80% of loan amount.

• Do you qualify?

Loan Purposes

• Real Estate Refinance

• Real Estate Purchase

• Construction to Permanent Financing

• Secured by collateral, no personal guarantee required by borrower.

Loan Purposes

•  Real Estate Refinance

• Real Estate Purchase