Convenience Store & Franchise Financing

Typical Loan used:  SBA 7a – SBA 7a is typically used because borrower can include working capital, construction interest, and closing cost

Max Amount of Loan:  $5,000,000

Amount Down:  Typically 10 to 20%

Length of Loan:  25 years

How Funds are used:  Available for Ground Up Construction or Existing Property

Do I qualify for loan:  Contact SBA-Capital for your free loan review and Pre-approval

Cost of loan:  Depends on experience, amount down, etc. Contact us for details

Most popular loan:  SBA 7a (includes closing cost, construction interest, & working capital)

Comments about SBA loans:
1.  All funds are provided by the bank. SBA only provides a guarantee.
2.  Some say SBA loans are complicated and take too long which is true unless you are working with a loan official that is experienced and knows how to process the loan.
3.  Banks had $585 billion dollars in outstanding SBA loans in 2013 simply because SBA guaranteed part of the loan. The staggering numbers show the popularity of SBA loans.
4.  The above are general comments and may vary depending on some borrowers needs and financial ability.