BENEFITS OF SBA
7(a) PROGRAM DETAILS
• Offers more flexible financing options than the Bank could offer without the SBA.
• Loan sizes up to $2 million.
• With the support of the SBA, Chase can make loans that it may not ordinarily make, which increases the opportunity for your loan to get approved.
• Up to 90% financing on real estate.
• Fixed or variable rate options.
• Loan terms from 7-10 years for most purposes and up to 25 years for real estate. • Eligible credit purposes: • Working capital • Machinery, equipment, and other fixed assets • Leasehold improvements and renovations • Real estate purchase • Business acquisition And many other business purposes.
• Longer repayment terms to improve your cash flow. • Lower down payments on real estate so you can keep your money in your business.
• Business must meet certain eligibility requirements, including SBA’s size standard requirements.
504 PROGRAM DETAILS
• Project sizes up to $5 million. • Fixed or variable rate options on Bank’s portion. • 10 or 20 year low fixed rate on SBA portion. • Up to 90% financing on real estate. • Loan terms up to 20 years on Bank’s portion. • Eligible credit purposes: • Machinery, equipment, and other fixed assets • Leasehold improvements and renovations • Real estate purchase • Business must meet certain eligibility requirements, including SBA’s size standard requirements.
EXPRESS PROGRAM DETAILS • Loan sizes up to $350,000. • Fixed or variable rate options. • Same application and processing procedure as non-SBA loans. • Loan terms from 7-10 years for most purposes and up to 25 years for real estate. • Eligible credit purposes: • Lines of credit • Working capital • Machinery, equipment, and other fixed assets • Leasehold improvements and renovations • Real estate purchase • Business acquisition And many other business purposes. • Business must meet certain eligibility requirements, including SBA’s size standard requirements.
CONTACT 1-800-CHASE24
SBA LENDING PROGRAMS JPMorgan Chase Bank, N.A. is a preferred lender with the SBA and participates in most SBA lending programs including: • 7(a) • 504 • Express Chase has become one of the nation’s leading SBA lenders as a result of our commitment to the SBA programs, our knowledgeable and experienced SBA staff, and an effective and timely process.
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© 2005 JPMorgan Chase Bank, NA. Member FDIC. Equal Opportunity Lender