SBA 7a Loans – Benefits You Just Can’t Beat

The U.S. Small Business Administration (SBA) offers guaranteed commercial loans by the federal government for small businesses. These loans are offered through approved partners and not directly through the SBA and First US Finance is one of those partners. SBA 7a loans are great for businesses that want to refinance high rate debt, expand their location, acquire new equipment, open a new location, acquire working capital or for start-up businesses ready to launch their new concept. The loan is flexible for numerous businesses purposes and is an unparalleled program to get longer terms, lower rates and the best conditions compared to standard business loans.

Use of Proceeds

Machinery & equipment — Purchase or refinance

Business acquisition and partner buyout

Franchise finance — Acquisition, refinance, expansion and start-ups

Working capital

Loan Amounts

$350,000 to $5,000,000

Terms

Machinery & equipment = 10 years (with exceptions for longer useful life)

Business acquisition = 10 years

Low, friendly pre-payment terms

Rates are based on the Federal prime interest rate plus 2-3% depending on business model.

All 7a loans are fully amortized with no balloon payments

Borrower Benefits

Long repayment terms, reducing monthly payments

Increased cash flow to invest in and expand your business

Financing available for most industry types including: industrial, manufacturing, office, medical/ professional, retail, hotels, gas stations/c-stores, franchise restaurants, and more

All we need to see if you could qualify is a business summary, a completed finance application and the use of funds and we can quickly determine if you have a chance to be approved.