SBA 7(a) Loan Advantages
Small businesses are a driving force in our economy and with SBA lending Paradise Bank can provide financing to help business owners reach their goals. Whether that be purchasing a new facility, equipment or financing working capital in order grow in your marketplace. Paradise Bank understands the need to promote small businesses throughout our community and offers several SBA loan products to help business owners succeed.
Why SBA 7a?
- Lower down payment
- Longer terms up to 25 years
- Longer amortization which means more affordable payments
- All 7(a) loans are fully amortized with no balloons or call dates
Why Paradise Bank?
- Loans up to 90% financing available
- Local underwriting
- Local decisions
- Rapid and accurate pre-qualification
- Over 100 years of collective SBA loan experience