SBA 7(a) Loan Programs

March 10th, 2016

  • Loans are given through private-sector lenders.
  • The SBA DOES NOT have GRANTS for small businesses.
  • Interest rates are at or above typical rates for commercial loans.
  • SBA Loans offer longer amortization rates than most commercial loans:
    • Working Capital loans: up to 7 years
    • Fixed asset loans: up to 25 years
  • Start-ups should personally contribute cash/assets valuing at approximately 25-30% of total project cost
  • Interest rates may be fixed or variable
  • Loans up to $2 million
  • To find a listing of lenders in your area, contact the SBA Seattle District Office.

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