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SBA 7(a) Loan Program Features
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Use of Proceeds
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Real Estate purchase, refinance and construction, business expansion and acquisition, equipment purchase, partner buyout and franchise financing
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Loan Amounts
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7(a) Loan Amounts Up to $5,000,000
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Interest Rate
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Fixed and variable rates available
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Term
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Up to 25 years, fully amortizing
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Loan to Value
Prepayment
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· Up to 100% on machinery and equipment
· Up to 90% on business acquisitions
· Declining 3 Years
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Benefits
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· Fixed and variable rates available
· Longer terms to maximize cash flow
· No balloon payments or call language provide long-term safety for the borrower
· Expert relationship managers walk you through the SBA 7(a) application process step by step to ensure your experience is hassle-free
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