The US Small Business Administration has multiple loan programs designed to help small business owners gain access to the financing needed for long-term success. The Bank of Edison is proud to partner with SBA, and our commercial lenders have decades of SBA lending experience. We can help you through the process, making sure you have the necessary knowledge to choose the SBA loan program that’s right for your business. We understand that applying for an SBA loan can be daunting, and our goal is to make it as painless as possible for our customers.
SBA 7(a)
Through the SBA 7(a) loan program, business owners can borrow $150,000 – $5,000,000 for construction, owner-occupied real estate purchases, equipment purchases or working capital. With terms of 10 / 15 / 25 years, we can help structure an SBA 7(a) loan that fits your specific needs.
SBA 504
The SBA 504 loan program allows business owners to borrow up to $15,000,000 for owner-occupied real estate purchases. Through a blend of a conventional first mortgage and a fixed rate SBA 504 debenture, the SBA 504 loan offers an attractive blended fixed rate with as little as 10% down.
Interested in an SBA loan?
Our team of experienced lenders is available to talk to you today. Reach out to us to find out how we can help.
Ready to start the process?
Fill out our online form to see if you qualify for a Bank of Edison SBA loan.
The Bank of Edison does not lend in the following states – Arizona, California, Hawaii, Nevada, North Dakota, South Dakota or Vermont