Access to Capital for Small Businesses Just Got Easier
At U.S. Century Bank, we understand the challenges small business owners face on a daily basis. That's why we are excited to announce our new partnership with fintech leader, NewtekOne, to offer our clients an online U.S. Small Business Administration (SBA) 7(a) loan application for loans from $10,000 to $500,000.
Loans for Small Businesses
Why is this partnership so important for the small business community? It's simple — access to capital. Small businesses are the backbone of our economy, and we are committed to helping them succeed by providing financial support. Through our partnership with NewtekOne, we are able to streamline the loan application process, making it fast, easy, and convenient for our clients to access the funds they need.
Flexible Application Process
One of the biggest advantages of our online SBA 7(a) loan application is the ability to apply at your own pace. As a busy small business owner, you can work on your application whenever it's convenient for you, whether that's in the early hours of the morning or late at night.
What is an SBA 7(a) loan?
Simply put, the SBA 7(a) loan program is tailored to help small businesses take their company to the next level. You can access funds for a variety of purposes such as working capital, equipment and inventory, real estate, debt refinancing, business acquisition, and more.
Benefits
SBA 7(a) loans offer a range of benefits that are designed to help small businesses overcome the challenges they sometimes face with cash flow to run their business or start new projects. These include longer terms than conventional lending, lower down payments, competitive interest rates, and flexible repayment terms. With these benefits, small businesses can access the funds they need to grow and stay ahead of the competition.
Eligibility
Eligible small businesses must be for-profit and operate in the United States. The SBA website provides a complete list of eligibility and business size requirements.
Personalized Assistance
But the best part of our online SBA 7(a) loan application is that it still offers the personal touch and service from our team of experienced bankers. They are always available to guide you through the process and answer any questions you may have.
So, if you're a small business owner in need of financial support, look no further than U.S. Century Bank and our online SBA 7(a) loan application. We're here to help you achieve your business goals. Don't wait, start your application today!