Loan Amounts: Up To $500,000.00

Use of Funds: Mostly the same use as the SBA 7(a) loan. It is an SBA 7(a) loan but only up to $500,000 and fast-tracked. Very few banks participate and they create unique programs around it. Minimum 1 to 2 years in business.

Interest Rate: Prime + 2.75% - 3% (Depending on the loan size banks can charge up to 6.5%)

Terms: Up to 10 Years

Funding period: 2-3 weeks