The 7(a) loan is the most used type
of SBA loan program. Proceeds from a 7(a) loan can go to an array of
purposes including real estate and equipment purchases, debt refinance
and business start-up costs.
Features include:
 Maximum loan amount up to $2 million
Fixed or variable interest rates
Maturity depends on ability to repay and other factors, however does not exceed 25 years for real estate and equipment and 7 years for working capital
Loan proceeds can be used for a combination of purposes and maximum
maturity is based accordingly
To qualify for an SBA 7(a) loan, businesses must meet the following
qualifications:
Operate for profit
Fall within size standards set by the SBA
Does not have the internal resources to provide financing
Able to make repayment
For more information on SBA 7(a) loans and to find out additional
details on how your business may qualify call us at:(818) 449-7700
Our lending experts are ready to answer your questions and help you
start the application process.
 SBA
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