SBA 7A Loan Program

Loan Limits

$350,000 – $5,000,000

Recourse

Personal & Business

Loan Types

Purchase, Refinance, Start-Ups, Business Only
Working Capital, Construction

Maximum CLTV

95.0% (with Seller 5% Financing for a Purchase)

Occupancy Type

Owner Occupied (> 51.0% of gross rentable square feet)

Eligible Locations

Nationwide

Property Types

All Property Types Considered, Including Hotels & Gas Stations

DSCR Minimum

1.15%

Credit Profile

Credit Issue Driven – Not Credit Score Driven

Interest Rate

Prime + 2.75 (Quarterly Adjustable)

Amortization

10 Years (No Real Estate) - 25 Years (With Real Estate)

Term

10 Years (No Real Estate) - 25 Years (With Real Estate)

Loan Points

Varies by industry, collateral and qualification issues

Prepay

Real Estate Only (5 – 3 – 1)

The Continental Finance Difference

Nationwide Program
No Restricted Industries – SBA Ineligible Only
Real Estate – Business Only - Construction
Chapter 11 & 13 Refinancing – Approved Plans Only
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