Low Down Payment Streamlined SBA Loans

  1. Term: 5 to 30 years
  2. Interest rates: starting at 5% (fixed and variable)
  3. Amortization: 10 to 25 years
  4. Lending area 42 states
  5. Prepayment penalty: varies
  6. Loan amounts: $100,000 to $20 Million
  7. For business acquisitions includes real estate, remodel, business purchase price, equipment and working capital
  8. Real estate must be 50+% occupied by borrower’s business
  9. Loan to value: up to 90%
  10. Approvals: 72 hours to 1 week
  11. Closings: 6 to 8 weeks
  12. Credit score: 660+ 

 

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