SBA TERM LOANS, 7(a)
SBA 7(a)
Loans originating from the Small Business Administration, a govt. agency providing financial, and lending support to entrepreneurs and small businesses nationwide.
Term 7(a) Loans are commonly used for:
- Working Capital, utilizing funds to suffice a growing business's ongoing capital needs, ie payroll, improvements, amenities
- Refinance of existing loan balances
- Strategic acquisitions or restructurings
- Real Estate purchases, construction(s), or rehabilitation
- Equipment and Inventory purchases
Loan amounts exceed $350,000 and can go up to $5MM
- Collateralized loans, including commercial R/E, inventory, and FFE (furn., fix., equip.)
- Creditworthy borrowers
- Government backed loans ensure borrowers be in good standing with taxing authorities
- Businesses must be for-profit and owner-operated
- Very favorable rates, and up to 25 year terms
- Up to 90% LTV, loan specific
PJP Capital Business Solutions
Get the funding your company needs to remain competitive in this ever-changing and fast-paced business environment
SBA TERM LOANS, 504
SBA 504
Loans originating from the Small Business Administration, a govt. agency providing financial, and lending support to entrepreneurs and small businesses nationwide.
Term 504 Loans are commonly used for
- Real Estate purchases, and construction
- Purchase or acquisition of long-term machinery and/or equipment
Loan amounts can go up to $10MM
- Collateralized loans, including existing or new commercial R/E, equipment, and machinery
- Creditworthy borrowers
- Government backed loans ensure borrowers be in good standing with taxing authorities
- Businesses must be for-profit and owner-operated
- Excluding convenience stores/shops, gas stations, or hospitality themed.
- Favorable rated, and up to 25 year terms
- Up to 90% LTV, loan specific
PJP Capital Business Solutions
Get the funding your company needs to remain competitive in this ever-changing and fast-paced business environment