What can I do with a Small Business Loan?

These loans are part of the Small Business Administration (SBA) primary business loan program. SBA loans are also called 7 (a) loans.

7(a) loans may be applied to most small business purposes. For example:

• small business start-up
• small business expansion
• purchase of equipment
• working capital
• inventory
• acquisition of real estate

The SBA can ensure up to $750,000 of a private-sector loan. The applicant and the lender negotiate Interest rates for 7(a) loans.