Steps in SBA Lending

Take a look at the sections below to see detailed information on the steps involved in SBA lending for 7(a) and 504 loans.

• 7(a) Loans
  The 7(a) Loan Program is SBA’s primary program for helping start-up and existing small businesses, with financing guaranteed for a variety of general business purposes. SBA does not make loans itself, but rather guarantees loans made by ...
• CDC/504 Loans
  A Certified Development Company (CDC) is a nonprofit corporation set up to contribute to the economic development of its community. CDCs are located nationwide and operate primarily in their state of incorporation (Area of Operation). CDCs work ...