SBA 7(a) loans: Flexible, cost effective
A mainstay of the SBA loan guaranty programs, the 7(a) loan is the top financing option for most small business owners.
The flexibility of the 7(a) makes it appealing on many levels:
Wide-ranging use of proceeds:
Commercial real estate (CRE) including purchase, renovation and new construction, goodwill, working capital, equipment, acquisition and/or leasehold improvements, qualified debt refinancing, other uses.
Loan amounts:
Up to $5 million.
Terms:
Up to 25 years for CRE transactions; up to 10 years for all other uses.
Down payment:
Typically at 10% down on CRE; larger equity injections required for more unsecured deals.
When cash flow is critical …
we offer bridge loan financing for leasehold projects that can be funded as an SBA 7(a) loan.
Learn MoreLoan Uses Include:
Partner buyouts
Turn to The Bancorp for the expertise to help you navigate the complexities of structuring and financing a partnership buyout with an SBA loan.
Learn more
Working capital
Do you need advance funds to cover a new job, cyclical sales or general operating costs? An SBA working capital loan keeps you in the game.
Learn more
Commercial real estate financing
From special-use facilities to multi-purpose properties to land purchase, we offer commercial real estate financing tailored to your business venture.
Learn more