The U.S. Small Business Administration offers several loan programs designed to help small business owners access the capital they need for long-term success. At The Bank of Edison, we’re proud to be an SBA lending partner, and our experienced commercial lenders bring decades of expertise to the table.
We will guide you through every step of the SBA loan process, clearly explaining your options and empowering you to choose the right loan for your business goals. We understand that applying for an SBA loan can seem overwhelming, and we’re here to make the process as smooth and straightforward as possible.
SBA 7(a)
Through the SBA 7(a) loan program, business owners can borrow $150,000 – $5,000,000 for construction, owner-occupied real estate purchases, equipment purchases or working capital. With terms of 10 / 15 / 25 years, we can help structure an SBA 7(a) loan that fits your specific needs.
SBA 504
The SBA 504 loan program allows business owners to borrow up to $15,000,000 for owner-occupied real estate purchases. Through a blend of a conventional first mortgage and a fixed rate SBA 504 debenture, the SBA 504 loan offers an attractive blended fixed rate with as little as 10% down.
Interested in an SBA loan?
Our team of experienced lenders is available to talk to you today. Reach out to us to find out how we can help.
Ready to start the process?
Fill out our online form to see if you qualify for a Bank of Edison SBA loan.
The Bank of Edison does not lend in the following states – Arizona, California, Hawaii, Nevada, New Jersey, New York, North Dakota, South Dakota or Vermont