8:07 PM Small Business Association Loans and Credit Lines | ||||
#sba loan # Small Business Administration (SBA) Loans and Lines of CreditStart, grow or bolster your small business.As a small business owner, you play a vital role in our nation’s economy, and you provide jobs for the vast majority of U.S. workers. So it’s important that entrepreneurs like you get the necessary financing. That’s why SunTrust partners with the U.S. Small Business Administration (SBA) —to offer you the financial support that conventional loans can’t. SBA loan programs are backed by the federal government and provide a more flexible loan structure, more time to repay and lower down payments. There are several SBA business loan options available. Compare Your SBA Export Financing OptionsApproved to offer SBA loan products under SBA's Preferred Lender program. * Industry guidelines are stated as maximums that qualify: Any and all owners who own 20% or more of the business are required to unconditionally guarantee. However, anyone with a controlling interest or key role in the business may be required to guarantee. Start up businesses require an additional 5% equity injection. Special-purpose real estate requires an additional 5% equity injection. If both apply, these injections would be cumulative resulting in 10% additional equity.
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