Learn About SBA Loan Programs
BizLoanZone is acknowledged as a leading packager of government-backed small business loans for entrepreneurs across the United States. With our extensive experience spanning decades, we assist clients nationwide in expanding their businesses using SBA loan offerings.
SBA 7(a) Loan Program
The SBA 7(a) loan program offers a versatile approach for expanding businesses seeking to enhance their growth. With a broad spectrum of loan purposes and funding up to $5 million, the SBA 7(a) loan program could be a superb choice for your enterprise.
What Can I Use an SBA7(a) Loan For?
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Real Estate and Asset Acquisition
- Buy a warehouse or office building for your business
- Purchase inventory
- Inventory purchases
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Business Ownership and Expansion
- Become a business owner & buy an existing business
- Business expansion
- Buy out a partner
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Financial Management and Operations
- Business debt refinancing
- General working capital
What Are the Benefits of SBA 7(a)?
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Extended Loan Duration
Loan periods ranging between 10 and 25 years.
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Adaptable Funding Utilization
The diverse options for using loan funds provide significant flexibility for expanding businesses needing access to capital.
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No Early Repayment Charges
The lack of prepayment penalties and restrictive covenants, unlike those found in conventional bank loans, enhances the appeal of 7(a) 10-year loans for business owners.