• 1-800-715-9948
  • info@troygrp.com
  • Mon - Fri: 8:00 AM - 6:00 PM

Business Financing Options for Every Company

SBA Financing

SBA Financing

SBA Financing is business loans guaranteed by the SBA and issued by participating lenders, mostly regional banks.

SBA Financing can guarantee up to 85% of loans of $150,000 or less and 75% of loans of more than $150,000. The SBA states its average loan amount was about $375,000 in 2016. The program’s maximum loan amount is $5 million.

Is your business interested in opening up a new location or perhaps hiring employees or refinance an existing loan? SBA Financing is a great option.

The SBA’s primary lending program is the 7(a) Loan Program. It offers U.S government-backed term loans that can support a variety of financial needs. The program guarantees as much as 85 percent of loans up to $150,000 and 75 percent of loans greater than $150,000.

Features

Funds can be used to:

  • Purchase or expand business
  • Purchase land or buildings
  • Constructor renovate a facility
  • Purchase equipment, fixtures, inventory, and working capital
  • Leasehold improvements
  • Refinance business debt

Available terms up to:

  • 25 years for real estate
  • 10 years for equipment (as long as the equipment is likely to stay useful during that time)
  • 7 years for working capital

FOR YEARS TROY GROUP HAS HELPED OVER 1,000 BUSINESSES GROW AND FUNDED OVER $250,000,000.

Close Menu