Small Business Administration Loan Program (SBA Lending)
Ever
dream of starting your own business…or
growing the one you have, but don't
know where to go for the funding? Try our
Small Business Administration 7(a) Loan Program.
It's
a government guaranteed lending program for
your existing business or a start-up company.
This loan program includes financing for
working capital, machinery, equipment and
commercial real estate. Whether you are starting
a business, expanding one, or purchasing
one, the SBA 7(a) guarantee enables the credit
union to increase its lending ability.
| Benefits to You: |
You will
save time with our simple application
process. We relieve most of your
burden by completing all the applications
and forms for the SBA.
You will get the financing
you need to accomplish your business
goals. Up to $2,000,000 in funding
is available for most uses, including
start-ups and expansions.
You will appreciate the flexible collateral
structure, as well as lower payments,
the availability of fixed and floating
interest rates and no prepayment
penalties.
You can get longer term financing on fixed assets if necessary but no balloon payments are allowed.
Payments can be made at any credit
union branch.
The SBA 504 loan program is also
available for land, building, and
equipment financing. |
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