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7A Guaranteed Loan Made by private lenders, with SBA guarantee –SBA helps the bank get to the YES decision with credit e

Matthew R. Sisk Business Development Specialist 617-565-5569 matthew.sisk@sba.gov www.sba.gov/ma www.sba.gov. 7A Guaranteed Loan Made by private lenders, with SBA guarantee –SBA helps the bank get to the YES decision with credit enhancement. Maximum loan size $5 million.

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7A Guaranteed Loan Made by private lenders, with SBA guarantee –SBA helps the bank get to the YES decision with credit e

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  1. Matthew R. SiskBusiness Development Specialist 617-565-5569 matthew.sisk@sba.govwww.sba.gov/ma www.sba.gov 7A Guaranteed Loan Made by private lenders, with SBA guarantee –SBA helps the bank get to the YES decision with credit enhancement. • Maximum loan size $5 million. • 85% guaranty on loans below $150,000. • 75% guaranty on loans above $150,000. • Micro Loans • Direct loans up to $50,000.Funds can be used for • Working Capital • Inventory • Machinery & equipment • Furniture & fixtures • Refinancing of business credit card debt • 504 • The borrower obtains up to 90% financing and a low fixed rate on the CDC/SBA portion. • The bank ends up with a conventional loan in first mortgage position with a 50% loan-to-value ratio. • A Certified Development Company (CDC) takes care of all of the SBA paperwork. • Owner occupancy = 51% for existing building; 60% for new construction (with plan to occupy additional 20%). • Refinancing now available (mortgages coming due before 12/31/12). • Great for capital assets such as equipment financing.

  2. Matthew R. SiskBusiness Development Specialist 617-565-5569 matthew.sisk@sba.govwww.sba.gov/ma www.sba.gov

  3. 7A Guaranteed Loan Made by private lenders, with SBA guarantee – SBA helps the bank get to the YES decision with credit enhancement. • Maximum loan size $5 million. • 85% guaranty on loans below $150,000. • 75% guaranty on loans above $150,000.

  4. Micro Loans • Direct loans up to $50,000. • Funds can be used for • Working Capital • Inventory • Machinery & equipment • Furniture & fixtures • Refinancing of business credit card debt

  5. 504 Loan • The borrower obtains up to 90% financing and a low fixed rate on the CDC/SBA portion. • The bank ends up with a conventional loan in first mortgage position with a 50% loan-to-value ratio. • A Certified Development Company (CDC) takes care of all of the SBA paperwork. • Owner occupancy = 51% for existing building; 60% for new construction (with plan to occupy additional 20%). • Refinancing now available (mortgages coming due before 12/31/12). • Great for capital assets such as equipment financing.

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