Together we support business growth
Able has partnered with nationwide banking establishments to offer government-guaranteed SBA 7(a) loans. Together, we help businesses hire talent, open new locations, build inventory and access working capital.
Manage Working Capital
SBA loans provide the necessary capital to effectively manage your cash flow. We can help you purchase inventory, perform on contracts, satisfy payroll needs, and manage seasonal demand.
Expand Your Business
SBA loans can help you establish a new business or expand an existing one. We provide financing for new building construction and renovation on an existing building. With an SBA 7(a) loan, you can open a new location or even purchase another business.
The SBA 7(a) loan covers your fixed asset needs. We can provide capital for purchasing equipment, machinery, furniture, fixtures, supplies, material, etc.
Long Term Financing
With terms up to 25 years, SBA loans are an ideal financing solution for qualified businesses.
Loans up to $5 Million
Get the cash necessary to refinance existing debt, manage working capital, purchase equipment, construct or renovate buildings, and purchase businesses.
Fixed or Variable Rates
SBA 7(a) loans can have either fixed or variable rates.
No fees for loans up to $150,000. 3% of the guaranteed portion for loans from $150,001 to $750,000. 3.5% of the guaranteed portion up to $1 million for loans from $750,001 to $1 million and 3.75% above $1 million.
* Rates are as of July 13, 2017 and are subject to change.
SBA loans are subject to SBA eligibility guidelines. Qualified businesses must have a net worth below $15 Million and an average net income below $5 million.