SBA LOANS
These loans are guaranteed by the Small Business Administration because of this they offer some of the lowest rates on the market as well as long repayment terms and the ability to borrow up to $5 million. Repayment ranges from 7- 25 years based upon how you plan to use the money. SBA loans are best for strong credit borrowers who have been operating for 2 years and are willing to work on the long application process to expand their business or refinance debt.
Pros:
- Lowest rates on the market
- Borrow as much as $5 million
- Longer repayment terms 7-25 years
Cons:
Long application process
More qualifications required
Best for:
- Expanding businesses or refinancing debt
- Business with good credit willing to wait for funding
The National Funding Advantage
Fast, Easy Process
Simple application process
allows for a loan decision
and funding in as little
as 24 hours1.
Personalized Services
Your loan specialist will help
you secure a small business
lending solution that is
customized for you and
your business.
No-Risk Application
There’s no risk to apply
and no impact to
your credit score.