We cover the needs of those who covered our nation.
We support the heroes who served in the armed forces by providing easy access to loans and lines of credit guaranteed by the SBA, so veterans and members of the military community can expand, establish or acquire their own business.
SBA Veterans Advantage has benefited thousands of members of the armed forces. Be it for inventory, equipment, working capital or a business acquisition, we are here to help.
Loan amounts up to $5,000,000.
SBA provides up to 85% guarantee.
Line of Credit or Term Loan.
Maximum Loan Terms:
Commercial Real Estate up to 25 years.
Lines of Credit - up to 5 years.
Other purposes may vary from 5 - 15 years.
Borrower’s Equity Injection:
Typical Use of Proceeds:
Startup, expansion or business acquisition.
Purchase of machinery and/or equipment.
Owner-occupied commercial real estate.
Refinancing existing obligation (some restrictions apply).
Longer maturity terms than conventional loans.
Same application process as a conventional loan.
SBA fees can be financed into the loan.
We are a Veterans Advantage Lender, so we make the loan decision within SBA guidelines.
For more information, go to: http://www.sba.gov/offices/district/pa/pittsburgh/resources/sba-business-loan-information-veterans