SBA LOan Programs

The SBA offers affordable loans with low down payments and longer payment terms than traditional loans, and business owners have access to more funds at highly competitive, long-term fixed rates. As a preferred lender for the SBA, we are experienced in helping our members navigate the process to find solutions that best meet your needs. 

• SBA Express with lines of credit or term loans up to $350,000
• SBA 7(a) with term loans up to $5,000,000
• SBA 504 with term loans up to $5,500,000

The 7(a) Loan Program provides loan guaranties to lenders that allow them to provide financial help for small businesses with special requirements.

7(a) loans can be used for:

• Acquiring or improving real estate and buildings
• Purchasing furniture, fixtures, and supplies
• Changes of ownership (complete or partial)
• Purchasing machinery and equipment

To be eligible for 7(a) loan assistance, businesses must:

• Be a U.S. based, for-profit, operating business
• Be small under SBA Size Requirements and not be a type of ineligible business
• Not be able to obtain the desired credit on reasonable terms from non-Federal, non-State, and non-local government sources
• Be creditworthy and demonstrate a reasonable ability to repay the loan.
• Lead more about Terms, conditions, and eligibility.

Loan repayment terms vary according to several factors:

• Most 7(a) term loans are repaid with monthly payments of principal and interest from the cash flow of the business
• Payments stay the same for fixed-rate loans because the interest rate is constant
• Variable rate loans may have a different payment amount if the interest rate changes

 United Financing Service customized service designed to give you exactly what you need to improve your business's financial positioning leading to increased economic health for you and our community. And, not only can we help you obtain the funding you need to launch your upstart, but we can also help if you have an established business that simply needs an infusion of cash.