SBA 7(a) Loan Program Guide
SBA 7(a) loans are small business loans of up to $5 million that are partially guaranteed by the Small Business Administration (SBA). Lengths can go up to 25 years, and SBA 7(a) interest rates can be as low as the market prime rate plus 2.25%. Additionally, the SBA 7(a) loan program is the most popular of all the SBA loan guaranty programs because the capital it lends can be put toward a wide range of business purposes.
Read the Ultimate SBA 7(a) Guide from Fundera HERE