What are the different types of loans?

SBA 7(a) Loan
SBA's most common loan program, offering financial help for businesses. Provides aid for short- and long-term working capital, refinancing current business debt, and purchasing furniture/fixtures/supplies/inventory. Key eligibility factors include how business receives income, and business credit history.

SBA Express or MicroLoan
Smaller-size loans of up to $50,000 provided through SBA funding intermediaries. The average is about $13,000, and is used for working capital, inventory, supplies, furniture, fixtures, machinery, and equipment. This type of loan cannot be used to pay existing debts or purchase real estate.

SBA 504 Loan
A long-term, fixed rate financing of up to $5 million for major fixed assets. This includes existing buildings or land, new facilities, or purchasing long-term machinery and equipment. This type of loan cannot be used for working capital, inventory, refinancing debt, or investment/speculation in rental real estate.

Development Financing
In a build-to-suit development transaction, we will finance and fund the costs of the development and construction of your new facility or the expansion of an existing one to meet your exact specifications. Upon completion, you as the tenant enter into a long-term net lease while maintaining full operational control your new custom-built facility.
Client
Testimonials
"SCGWest was a blessing! They guided me through the lease negotiation process for my business. They were kind, informative, responsive and professional. I would highly recommend them for commercial real estate services.”
Rachel Niederhofer, Founder & Owner of Audacious Designs
“SCGWest has been an integral partner with site location/lease negotiation and construction management. The team is highly professional and adds high value to both of these processes."
Ken Lineberger, President & Founder of Waters Edge Wineries
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