SBA-504 vs. SBA 7a: A Brief Comparison
SBA-504(Commercial Real Estate & Equipment) SBA-7a(General Purpose) Loan Amount $125K (min.). $10 million (max.). $50K (min.). $5 million (max.). Interest Fixed. Variable or Fixed. Terms 10 years – Equipment. 20 years – Real estate. Up to 10 years – Equipment/Business … Continue reading →