Small Business Administration Lending
SBA Loans are government-backed loans designed to help small businesses access the funding they need for growth, expansion, and operational needs. With favorable terms, lower down payments, and competitive interest rates, SBA Loans offer a viable financing option for businesses at various stages.
Commercial Loans
Provides flexible funding for day-to-day operational expenses, such as payroll, inventory, and short-term cash flow needs.
Use of Funds
Ideal for covering operational expenses, managing seasonal fluctuations, or bridging gaps in cash flow. Not typically used for long-term investments or major capital expenditures.
Repayment Terms
Revolving credit with flexible repayment options; businesses can draw, repay, and reborrow funds as needed.
Eligibility
Available to for-profit businesses with a solid credit history and a demonstrated need for working capital.
Commercial Term Loans
Provides financing for specific business needs, such as equipment purchases, real estate acquisitions, or business expansion.
Use of Funds
Ideal for purchasing equipment, expanding facilities, acquiring real estate, or funding other major business investments. Not typically used for short-term working capital needs.
Repayment Terms
Generally structured with a fixed repayment period, ranging from 1 to 10 years or more, depending on the loan purpose and amount.
Eligibility
Available to for-profit businesses with a strong credit history, stable financial performance, and a clear plan for the use of funds.
Commercial Letters of Credit
Ensures payment by guaranteeing that the buyer's payment obligations will be met.
Use of Funds
Simple structure with only one repayment date, making it straightforward to manage cash flow and budgeting.
Useful for short-term financing needs where lump-sum repayment is feasible.
Repayment Terms
Full repayment of the principal and accrued interest is due at the end of the loan term, which can range from a few months to several years.
Eligibility
Available to businesses or individuals with sufficient credit history and the ability to make a single repayment at the end of the term.
Business Management Team
