Getting financing for your business can be challenging, especially for startups and entrepreneurs. The 7(a) Loan Program is the SBA’s primary and most popular program that lets you get loan amounts up to $5 million to fund startup costs, purchase equipment, and more. Learn more at SBA.gov.
Use 7(a) Loan Funds To:
- Purchase land/buildings (including construction costs) up to 25-year maturity
- Increase working capital
- Purchase or expand an existing business
- Refinance existing debt
- Purchase machinery, furniture, fixtures, supplies, or materials
Contact us at 801-655-2152.
Please review the Application Instructions & Use of Proceeds and fill out the two forms below.