SBA Loans
Bank-provided SBA-guaranteed loans offer the lowest cost of money per unit time over the long term, but require collateralization against hard assets. Asset-light but cash flow-rich businesses will instead find traction with our other lending markets and programs.
g Loan size up to $5 million under 7(a) or $14 million under 504
g 10-25 year term range
g Programs include 7(a) and 504 loans, traditional, express and CRE (commercial real estate)
g SBA guarantee mitigates lender risk enabling market-leading pricing
g Interest rates fixed or floating tied to relevant benchmarks (i.e., US Prime or Libor)
g Collateralization against hard assets, business and/or personal
g Documentation-intensive with a 30-90 day funding timeline
g Business & personal credit scores, cash flow and assets impact eligibility and terms structuring
g LTVs for commercial real estate SBA loans up to 90 or 100 (special situations)
g Commercial real estate SBA loan can eliminate refi fire drill risk vis-a-vis other CRE loan types