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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 fit certain size limitations (maximums) based on your business's NAICA code in order to qualify for an SBA 7(a) loan. Please contact a SBA Loan Specialist to discuss your particular business.
To speak with a SBA Loan Specialist, call us Monday through Thursday 7:00 a.m. - 5:30 p.m. and Friday 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.