Small Business Administration (SBA) Loan
Miel Financial can offers the SBA Advantage, long-term loans guaranteed by participating banks, the U.S. Small Business Administration. These loans will ease your cash flow and can be used for virtually any business purpose.
The SBA program is available for every businesses nationwide.
A SBA loan offers: |
Use your SBA loan for: |
| Up to $4 million | Commercial real estate purchase |
| Up to 90% loan-to-value | Construction |
| Up to 25-year, fully amortized terms | Business acquisition or expansion |
| Prompt loan funding | Equipment/Inventory purchase |
| No balloon payments | Refinance |
| SBA Preferred Lenders | Working capital |
What Type of SBA Loan Matches Your Needs?
SBA 7a and 504 Real Estate Loans
Buyer/borrower must be an owner/user occupying at least 51% of an existing structure, or 60% of a newly constructed building. Up to $4 million available on qualified properties.
SBA Non-Real Estate Loans
Borrowers typically use loan proceeds for working capital, inventory, equipment purchase, business acquisition, debt refinancing. Up to $2 million available.
SBA Express
Specifically designed for a growing small business that might not qualify for other loans. Financing available for working capital, equipment purchase, refinance, business purchase or leasehold improvements. From $5,000 to $250,000.
SBA Community Express
Targeted just for small businesses located in economically disadvantaged communities. Up to $250,000.
View tools for Technical Assistance Providers (TAPs).
Patriot Express
Exclusively for veterans, members of the military community and their spouses who want to establish or expand a small business. Up to $500,000.