SBA Loans | Alliance Bank of Arizona

Online Banking Log In

get in touch

COMPARE PRODUCTS

Program	SBA 504 Loan	SBA (7) a Loan	SBA Express Loan
Who Qualifies	For-profit business that do not exceed $15 million in tangible net worth	For-profit business that meets SBA size standards	Same as 7 (a)
Funds Can Be Used For	• Purchases of land and real estate • Improvements • Equipment purchases • Construction of new facilities	• Long-term and short-term working capital needs • Equipment and real estate purchases • Business acquisition • Partner buyout • Refinancing business debt	Same as 7 (a)
Benefit to Borrowers	• Low down payment • Fees can be financed	• Long-term financing • Improved cash flow • Fixed maturity • No balloon payments	• Fast turnaround • Streamlined process • Easy-to-use line of credit
Maximum Loan Amount	$5,000,000	$5,000,000	$350,000
Collateral	Requires real estate and/or equipment being financed	• First position lien filing on all business assets • First position deed of trust on real estate (when applicable) • Deed of trust filing against personal real estate if there is a collateral shortfall	• None required for loans up to $25,000 • First position lien filing on all business assets for loans $25,001 to $350,000
Maximum SBA Guaranty Percentage	• Lender Loan: 50% • CDC Loan: Up to 40%	•85% (loans up to $150,000) •75% (loans $150,001 to $5,000,000)	50%
Maturity	• Lender Loan: Unguaranteed financing may have a shorter term • CDC Loan: 10- or 20-year term fixed interest rate	• 7 - 10 years: working capital and equipment • Up to 25 years: real estate	Up to 7 years for revolving line of credit; otherwise, same as 7 (a)
Maximum Interest Rate	• Fixed rate established when the debenture backing loan is sold • Declining prepayment penalty for 1/2 of term for CDC Loan	• Loans less than 7 years: $0 - $25,000 prime + 4.25%; $25,001 -$50,000 prime + 3.25%;Over $50,000 prime +2.25% • Loans 7 years or longer: $0 - $25,000 prime + 4.75%; $25,001 -$50,000 prime + 3.75%;Over $50,000 prime +2.75%	• Loans $50,000 or less: prime+ 6.5% • Loans over $50,000: prime + 4.5%

SBA 504 Program

This program provides long-term financing for major fixed asset purchases. Take advantage of a low down payment, fixed rates and longer terms for commercial real estate and equipment purchases.

learn more

SBA 7(a) Guaranteed Loan Program

If your small business has special requirements, this program can give you the financial help you need. For example, funds are available for real estate and equipment purchases, working capital, refinancing debt, business acquisitions and partner buyouts.

learn more

SBA Express Program

Get a quick response to your SBA loan application.

learn more

The CARES Act & SBA Relief Programs

We've compiled key information about the SBA’s Paycheck Protection Program, part of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) signed into law in response to COVID-19. Get the latest updates and learn more about PPP and other SBA relief programs.

LEARN MORE