SBA and USDA Loans
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SBA 7(a)
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SBA 504
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USDA Loans
SBA 7(a)
Property
Office
Warehouse/Industrial
Mixed use
Retail
Medical/Healthcare
Self-storage
Motel/Hotel
Loan Terms*
5 to 30-year fixed-rate terms
Minimum $1,000,000 loan amount
Maximum 75% for loans over $150K
Borrower
The SBA demands full collateralization up to the loan amount for loans over $350K. Personal guarantees are required for owners with a 20% or more stake in the business.
SBA 504
Property
Warehouse/Industrial
Mixed use
Retail
Restaurants
Daycare facilities
Medical/Healthcare
Self-storage
Motel/Hotel
Assisted living
Loan Terms*
10 or 20-year loan terms
Up to $5M, or $5.5M for manufacturers and energy-efficient projects
Up to 90% LTV (Hospitality capped at 85%)
Borrower
The project assets being financed serve as collateral, with personal guarantees required from the principal owners.
USDA LOANS
Property
Agricultural land
Rural housing
Farms
Ranches
Other properties in eligible rural areas
Loan Terms*
Flexible terms up to 30 years
Typically from $100K to $5M, depending on the property and project scope
Up to 90% LTV
Borrower
The project assets being financed serve as collateral, with personal guarantees required from the principal owners.
*Please note that this is not a commitment to lend or an offer to extend credit. Terms and fees are subject to underwriting review and may vary based on loan-to-value ratio, rental cash flow, credit history, and other qualifying factors. Additional conditions and criteria may apply. All terms are subject to change without prior notice.