Think an SBA loan is out of reach? Think again.
You might be surprised at how painless Small Business Administration (SBA) financing can be with a lender who understands small businesses and how to help you navigate the loan process.
SBA loans are designed specifically for entrepreneurs to access the capital you need to purchase equipment or real estate, refinance existing debt, fund operations and expand your business. They are not necessarily right for every small business, and not every bank is capable of delivering the right solution. Itís important to work with a lender who specializes in SBA loans and has the expertise to identify what works best for unique situation.
Hereís why youíll want to work with First Advantage Bankís SBA lenders:
- quick loan approval
- local decision making
- small business experience
- financial counseling
- terms from 7 to 25 years
- minimal down payment (as low as 10%)
- full line of personal and business banking products
Types of SBA Loans
|SBA 7(a)||SBA 504||SBA Express|
Combined needs for:
Long-term needs for:
Short-term needs for:
(fixed assets only)
|Loan Amount:||$100,000 - $5 million||
$250,000 - $5 million
Up to 10% down payment
|$100,000 - $500,000|
10 years for equipment
20 years for real estate