Small Business Administration (SBA) Loans

7(a) Loans

• To provide long-term working capital to use to pay operational expenses, accounts payable and/or to purchase inventory
• Short-term working capital needs, including seasonal financing, contract performance, construction financing and exporting
• Revolving funds based on the value of existing inventory and receivables, under special conditions
• To purchase equipment, machinery, furniture, fixtures, supplies or materials
• To purchase real estate, including land and buildings
• To construct a new building or renovate an existing building
• To establish a new business or assist in the acquisition, operation or expansion of an existing business
• To refinance existing business debt, under certain conditions

Certified Development Company (CDC)/504 Loans

• The purchase of land, including existing buildings
• The purchase of improvements, including grading, street improvements, utilities, parking lots and landscaping
• The construction of new facilities or modernizing, renovating or converting existing facilities
• The purchase of long-term machinery and equipment