SBA Loans For Businesses
SBA loans for businesses are an ideal product for businesses looking to expand or buy new properties.
SBA loans usually come in the form of the 504 Loan Program. The 504 loan provides smaller businesses with fixed-rate financing that’s on par with larger businesses’ rates.
A typical 504 loan project is structured with fifty percent of the project’s costs being provided through a private sector lender. Typically, this loan is for ten-year terms. Additionally, the U.S. Small Business Administration (SBA) offers a few different business loan options to either finance renovations or for purchases.
From the moment you start an application to the day your loan closes and beyond, you can depend on Napa Finance to be on your side. We’re here to help!