The SBA offers numerous loan programs to assist small businesses. Capital Banker will work with you and your financial managers to strength your application for greater success.

SBA Loans were designed to help US-based small businesses start, grow, and succeed. These programs are ideal for: Business Start-Up & Acquisition Financing, Hotels and Motels, Convenience Stores, Gas Stations, Retail, and Manufacturing businesses.

PROGRAM:  Basic 7(a) Loan Guaranty

FUNCTION:  Serves as the SBA’s primary business loan program to help qualified small businesses obtain financing when they might not be eligible for business loans through normal lending channels. It is also the agency’s most flexible business loan program, since financing under this program can be guaranteed for a variety of general business purposes.  Loan proceeds can be used for most sound business purposes including working capital, machinery and equipment, furniture and fixtures, land and building (including purchase, renovation and new construction), leasehold improvements, and debt refinancing (under special conditions). Loan maturity is up to 10 years for working capital and generally up to 25 years for fixed assets. CUSTOMER:  Start-up and existing small businesses

SBA offers multiple variations of the basic 7(a) loan program to accommodate targeted needs.

PROGRAM:  Certified Development Company (CDC), a 504 Loan Program

FUNCTION:  Provides long-term, fixed-rate financing to small businesses to acquire real estate or machinery or equipment for expansion or modernization. Typically a 504 project includes a loan secured from a private-sector lender with a senior lien, a loan secured from a CDC (funded by a 100 percent SBA-guaranteed debenture) with a junior lien covering up to 40 percent of the total cost, and a contribution of at least 10 percent equity from the borrower.  CUSTOMER:  Small businesses requiring “brick and mortar” financing