SBA 7 (A) Loans feature long-term financing for most business purposes including the purchase of real estate, equipment, business acquisition, working capital, and refinancing. Loans are made by YNB and a portion is guaranteed by the Small Business Administration (SBA).
The SBA 504 Loan provides SBA direct permanent financing for real estate purchases, completed construction or machinery and equipment purchases. The SBA 504 loan features low fixed-interest rates, longer terms, and low borrower equity.
Contact a loan officer today to discuss your SBA financing options.
More information about Small Business Administration loans as well as additional information and support for small businesses is available at the SBA website, www.sba.gov