SBA Loan Comparison
16
MAY, 2020
Table Of SBA loan
The table below is a comparison between common SBA loans and another loan. The primary difference between SBA and other loans in the USA is the fact that SBA loans are more secure from lenders’ perspective.
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SBA loan chart
SBA 7(a) Loan | SBA 504 Loan | Conventional | |
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Use | General Purpose | Real Estate & Equipment | General Purpose |
Loan Size | $350,000 to $5,000,000 | $2,000,000 to over $15,000,000 | Unlimited |
Interest Rate |
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Variable or fixed rate |
Terms Available & Amortization Periods |
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Loan Purpose |
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Loan Structure |
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Loan Fees |
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