SBA 7(a)
- Common uses
- Expansion, acquisitions, working capital and eligible refinancing
- Structure
- Longer-term
- Process
- More documentation / longer process
- Collateral
- Varies by request and lender
- Often considered when
- Broad established-business needs
OWENS CAPITAL INTERACTIVE TOOLS
Compare Financing
Select two or three financing structures and compare their common uses, structure, process, collateral considerations, and typical fit.
Equipment Financing
- Common uses
- Vehicles, machinery, technology and equipment
- Structure
- Usually matched to asset life
- Process
- Often more streamlined than SBA
- Collateral
- Financed equipment commonly secures transaction
- Often considered when
- Preserving working capital