Small Business Loan Options
Don't know what financing makes the most sense for your small busines? Let us help!
Like many financing details, SBA Loan rules are not always easy to interpret. Often it's difficult for business owners know which program they should pursue. Here's a quick description of the differences between 504 and 7(a) loans.
If you already owns a business and your goal is to purchase real estate for that business then most likely an SBA 504 loan will be more helpful. These loans are specifically designed to help small business owners purchase real estate that they already occupy or plan to occupy after a purchase.
If you are looking to acquire a business, buy new equipment or machinery, or refinance business debt then you should explore the SBA's 7(a) loan program. These loans are generally for items other than real estate but can include real estate in some instances.
Want to find out more about SBA Loans? Check our our SBA Loan Guide or Contact Us today!







