Helping Small Businesses Take Flight
SBA 7(a) Loans
SBA 7(a) loans are the primary program for providing financial assistance to small businesses with fully amortizing term loans. Terms range from 10 to 25 years with a maximum loan amount of $5 million.
This comprehensive program falls within the SBA 7(a) loan program offering term loans and working capital lines of credit. Terms starting at 10 years and a maximum loan amount of $500,000.
The USDA specifically guarantees loans that help small businesses grow and prosper in rural communities, with terms ranging from 15 to 30 years and a maximum loan amount of $20 million.