SBA Term Loans
- 10-Year Term Penalty
- Monthly Payments
- No Prepayment Penalty
A long-term solution for growing businesses, offering affordable financing for working capital and debt refinancing.
What Our Lenders Can Do
$150,000
- Loan Amount: $150,000
- Interest Rate: 10.00%
- Term Length: 10-years
- Monthly Payment: $1,982
$350,000
- Loan Amount: $350,000
- Interest Rate: 10.00%
- Term Length: 10-years
- Monthly Payment: $4,625
10-year Term
No Personal Real Estate Collateral
No Prepayment Penalty
Frequently Asked Questions
A common misconception about SBA loans is that they are funded by the government. Most times, SBA loans are actually issued by private banks and the government’s role is to guarantee those loans. This means if the borrower defaults, the SBA will pay back the bank. This guarantee incentivizes banks to issue loans to more businesses at better rates and terms.
To qualify for an SBA loan through Office Capital Group’s lender network, a business will need to at least meet these minimum requirements:
- 2 years in business
- Minimum 675 personal credit score
- No active tax liens or judgements
- At least $100,000 in annual revenue
An SBA loan from Office Capital Group’s lender network will take 2-6 weeks to close. The larger the loan size, the more time it is likely to take.
With an SBA term loan, you receive funds in one lump sum and immediately begin making principal and interest payments on the entire amount, whether you use the loan proceeds or not.
