The Small Business Association (SBA) is a valuable resource for thousands of small businesses, offering different loan options for each business’ unique situation. They offer secured lending options to help along the growth of small business at lower rates than most other standard lenders. LEY Capital partners with the SBA to help our clients expand their business for less!
7(a) Loan
7(a) Loans offer competitive rates for lending up to $5 million and has the largest variability in terms of usage for the funds requested. It can help with gaining access to capital, equipment, real estate, and construction to name a few of its potential uses.
504 Loan
The SBA offers 504 Loans, which are designed to provide increased access to affordable funding. Lenders, like LEY Capital, can provide you with loans with favorable rates and repayment terms through SBA lending programs.
Microloan
The Microloan program allows for the acquiring of cash up to $50,000 for the short-term purchase of equipment or other assets to expand a small business.