SBA Loans

Generation Trust Bank Small Business Administration Loan is a government guaranteed loan that provides various funding solutions to help small businesses get started and grow. Whether it's an SBA 7(a), SBA Express or SBA 504 loan, they are more affordable compared to other conventional loans.

Longer repayment terms. Lower monthly payment.
Lower down payments. Lower one time upfront cost.

Type	SBA 7(a)	SBA EXPRESS	504
Type of Loan & Use of Proceeds	Term Loan Working capital Furniture and fixtures Machinery and equipment Purchase of land and building including construction and renovations Business Acquisition Refinancing of existing debt	Term Loan Revolving line of credit Use of proceeds: Same as 7(a)	Term Loan Structure 10%: Down for Borrower 40%: Financing from CDC 50%: Financing from Bank 15% down for New or Special Acquisition, Construction, Renovation of Building Machinery & Equipment Purchase
Maximum Loan Amount	Up to $5,000M	Up to $350M	Up to $5,000M
Guaranty portion	75%~85% (85%=$150M or less) (75%=Over $150M)	50%	100% of CDC portion
Guaranty Fee (based on guaranteed portion)	2.0%: < $150M 3.0%: $150M~700M 3.5%: > $700M 3.75%: If guaranty portion is over $1,000M	Same as 7(a)	3.15% Guaranteed fee: 0.5% CDC Processing fee: 1.5% Funding / Underwriting:1.15%
Minimum Maturity	Working Capital : 10yrs Equipment : Useful life Property : 25yrs Mixed Use : Weighted Avg	Same as 7(a) LOC - 7yrs including term out period	Property: 20yrs Equipment: 10yrs
Collateral	Available collateral (liquidation value) up to the loan amount	$25M or less, no collateral required Over $25M, lender may use their own collateral policies used for their non-SBA loans	Bank: 1st Lien SBA: 2nd Lien

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