Borrowers

BorrowersSBA 504 Loans - The SBA 504 loan product supplies permanent long-term financing for the purchase of fixed assets such as commercial real estate and machinery and equipment of a capital nature, which are defined as assets that have a minimum useful life of ten years. Proceeds of 504 loans cannot be used for working capital.

SBA 7(a) Loans - SBA guaranteed loans under the 7(a) Loan Guaranty Program are the most popular small business loans available from any federal agency. The name “7(a)” comes from section 7(a) of the Small Business Act, which authorizes the SBA to provide guarantees for small business loans funded by approved lenders.

Borrower FAQ - Have a question about your loan? Click here to see a list of our commonly asked questions and answers.

Helpful Links for Borrowers - Additional resources to help borrowers and small businesses.

 


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