Maximum loan amount

$500,000

Maximum SBA guarantee %

50%

Interest rate

Moneylenders and borrowers can negotiate the interest fee, yet it may not surpass the SBA maximum

Eligibility decision

Made by the lender

Revolving lines of credit

Upto 7 years with maturity extensions allowed at the beginning

SBA turnaround time

In 36 hours or less

Forms

Lenders principally utilize own structures and systems, in addition to SBA Form 1919

Collateral

Moneylenders are not expected to take security for loan amount up to $25,000. May utilize their current insurance strategy for loans more than $25,000 up to $350,000.

Credit decision

Made by the lender

Purchase

Lender might demand sped-up SBA buy on small loan amounts or in circumstances where liquidation might be deferred