SBA Working Capital | Debt Refinance Loans
Loan Size - $30,000 to $350,000
Loan Description - SBA 7(a) loan
Interest Rates
• $30K to $49K Prime Rate plus 3.75%
• $50K to $350K Prime Rate plus 2.75%
Loan Term - 10-year term with no prepayment penalty
Borrower Minimum FICO: 680+
Minimum Time in Business: 3 years
Security
• Blanket lien on business assets
• Personal guarantee by all 20% owners
This is an estimate and actual costs may vary
Loan Size - $30,000 to $350,000
Loan Description - SBA 7(a) loan
Interest Rates
• $30K to $49K Prime Rate plus 3.75%
• $50K to $350K Prime Rate plus 2.75%
Loan Term - 10-year term with no prepayment penalty
Borrower Minimum FICO: 680+
Minimum Time in Business: 3 years
Security
• Blanket lien on business assets
• Personal guarantee by all 20% owners
This is an estimate and actual costs may vary