Use | |
---|---|
SBA 7(a) Loan | General Purpose |
SBA 504 Loan | Real Estate & Equipment |
USDA Loan | Real Estate, Equipment, Working Capital and Construction |
Conventional | General Purpose |
Loan Size | |
---|---|
SBA 7(a) Loan | $350,000 to $5,000,000 |
SBA 504 Loan | $1,000,000 to over $7,500,000 |
USDA Loan | $750,000 to $10,000,000 |
Conventional | Unlimited |
Interest Rate | |
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SBA 7(a) Loan |
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SBA 504 Loan |
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USDA Loan |
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Conventional |
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Terms Available & Amortization Periods | |
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SBA 7(a) Loan |
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SBA 504 Loan |
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USDA Loan |
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Conventional |
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Loan Structure | |
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SBA 7(a) Loan |
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SBA 504 Loan |
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USDA Loan |
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Conventional |
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Loan Fees | |
---|---|
SBA 7(a) Loan |
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SBA 504 Loan |
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USDA Loan | Packaging Fee Depends on Loan Size Fees rolled into loan |
Conventional |
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