SBA Loan

An SBA loan is a small business loan that is partially guaranteed by the Small Business Administration, which eliminates some of the risk for the financial institution who is issuing the loan.

  • Max loan amount of $5,000,000

  • Rate equal to prime + 2.75%

  • 10 year term

  • Monthly payments

  • No pre-payment penalty

  • Next day Pre-approvals

  • Funding within 60 days

Term Loan

A Bank Term loan is a short-term, fixed-rate loan with stable monthly payments. These loans are a great fit when you need funds more quickly or don’t meet the requirements of an SBA loan. There are generally few restrictions on the use of funds.

  • Max loan amount of $2,000,000

  • Interest rate equal to Prime+

  • 2-5 year term

  • Monthly payments

  • No pre-payment penalty

  • Can be used to consolidate higher interest debt

  • Next day Pre-approvals

  • Funding within 6 weeks