SBA 504 and 7a Loans Small Business Administration Lending (SBA) Valley Bank is a top SBA lender and we're here to help you Valley's team of SBA professionals can help you find the right SBA loan for your business, whether it's the SBA 7(a) Loan Program, or the 504 Loan Program. SBA 7(a) Loan Program The SBA 7(a) loan program can be used for leasehold improvements; new business acquisitions; real estate, expansions or start-ups; equipment or inventory; working capital; or refinancing existing debt. There are other scenarios and uses that would also qualify for an SBA 7(a) loan. Borrow Amount: Up to $5 Million Learn More Get Started Why choose an SBA 7(a) Loan? Broad eligibility – Most small businesses incorporated for profit within the United States are eligible. SBA guarantee program – With the 7a program the SBA offers either an 85% or 75% guarantee, giving customers access to capital, that they might not otherwise be able to obtain. More flexible – Often with longer fully amortizing repayment terms and lower down payments than conventional bank loans. No prepayment fees – For loans with repayment terms less than 15 years. SBA 504 Loan Program For owner occupied commercial real estate and equipment, the SBA 504 loan program features long term fixed rates and a lower down payment than conventional loans. Borrow Amount: Up to $15 Million Learn More Get Started Why choose an SBA 504 Loan? Low down payments – as little as 10% of the total project cost Longer repayment terms – up to 25 years depending on use of funds Competitive rates – The borrower is also able to fix the rate for a longer term. Rates are generally below convential options. Additonal resources you may be interested in: SBA FAQs Do you have questions or don't know where to begin? Check out our FAQs. Business Development Officers Contact one of our business development officers to get started SBA Resource Center Looking for more information on SBA 7(a) Loans? We've got you covered. SBA Leaders Meet our SBA Leaders Let’s talk 800-522-4100 Contact Valley Locate a Branch or an ATM PERSONAL Banking Financial Planning Lending Learning Center Account Log In BUSINESS Business Checking Commercial Lending Industry Expertise & Services Business Savings Treasury Solutions WHY VALLEY Careers Customer Service Investor Relations and Newsroom Ways to Bank With Us About Valley CONNECT WITH US DOWNLOAD OUR APP Copyright © 2021 Valley National Bank, All Rights Reserved. Member FDIC, Equal Housing Lender Privacy Security Terms of Use Accessibility FAQs