Most small businesses meet the SBA eligibility requirements for this government guaranteed program. However, applicant businesses must operate for profit, be engaged in or propose to do business in the United States or its possessions and have reasonable owner equity to invest.

Please contact us for details and a proposal for your SBA 7(a) Loan. Contact us today.

SBA 7(a) Loans
Purpose	Business acquisition, expansion, construction, recapitalization, refinance, working capital, and machinery and equipment purchase
Loan Amount	Up to $1.5 million
Interest Rate	Floating rate, up to 2.75% over WSJ prime
Term	Up to 25 years, fully amortizing
Prepayment	• May prepay up to 25% during first 3 years without penalty • Above 25%, prepayment penalty of 5%, 3%, 1%
Fee	One time SBA guarantee fee
Collateral Position	Mortgage on business real estate, machinery and equipment, secondary collateral, UCC filings
Recourse	Full guarantee of principals
LTV	Maximum 80%
Debt Service Ratio	Minimum 1.0x
Diversity	Nationwide to a variety of industries
Financial Data	Business: • Three years of historical tax returns and financial statements • One year of projections for existing business or two years for start-ups Personal: • Three years of tax returns & financial statements of owners with 20% or more ownership
Third Party Reports	Appraisal and environmental study

Contact our office today to begin the qualification process:

National Business Services
1-509-308-1450

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*Disclaimer - This is not a solicitation or offer to sell securities or other financial instruments. National Business Services does not provide financial, tax, or legal advice. This content presented here is informational only. Please consult with your financial and legal counsel regarding this transaction.