Features & Benefits
- Your down payment may be as low as 10%, which can preserve cash for your business.
- Offers longer repayment periods: up to 10 years for equipment purchases and 20 years for commercial real estate.
- Multiple loans may be refinanced.
- Enjoy favorable, fixed interest rates.
Other Key Facts
- Projected income of a business is considered, in addition to historical cash flows, which is advantageous for growing businesses.
- Guarantor support may be less critical in qualifying for a loan.
- Funds cannot be used for working capital or inventory.
- Your company must operate as a for-profit company to be eligible.