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The SBA's 7(a) loan gives small- to medium-sized businesses, established entrepreneurs, and professionals access to other resources for additional capital. The only difference between this type of financing and conventional financing is the government guarantee, which can be up to 75% of the loan amount.
Under this SBA 7(a) program, the maximum loan size is $5 million.
Your small business must operate within certain size and personnel limitations, based on your business NAICS code, to qualify for a SBA 7(a) loan. Please contact a SBA Loan Specialist to discuss your particular business needs.
To speak with a SBA Loan Specialist, call us Monday through Thursday from 7:00 a.m. - 5:30 p.m. and Friday from 7:00 a.m. - 6:00 p.m. (PT) at (800) 722-5945, contact us or visit one of our local City National locations.
* Subject to credit approval.