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Max Gross,
Chapter 570 Chair
MEMBERS ONLY
Vet PROGRAMS
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CAPITAL SOURCES MENU
SBA
SMALL LOAN PROGRAM
SOURCE:
From Lending Institutions with SBA Guaranteed
ELIGIBILITY:
For-Profit Small Business (Some Exceptions)
RATE:
By Negotiation with Lender
COLLATERAL:
Personal Guarantee by Owners.
Lien on Business or Personal Assets if Needed.
AMOUNT:
$50,000 or Less and 80% SBA Guarantee
FEES:
2% of Guaranteed Portion
OTHER:
A New Simplified Short Form SBA #4 is Available to Facilitate This Program
INFO:
See SBA Fact Sheet #40-00.04.Attend SCORE Seminars. See your SBA Authorized
Banker for Specific Requirements
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