An SBA working capital loan can give you the resources and flexibility to grow your business at your pace. Recent changes to the SBA 7(a) Loan program have made it easier than ever before to access financing of up to $500,000 for your small business.
Learn more about leveraging an SBA 7(a) loan for working capital and pre-qualify today.
SBA Loans at a Glance
Benefits of SBA Loans for Working Capital
SBA loans come with reasonable, growth-friendly terms that make them a good working capital loan option for those that qualify.
- Extended Repayment preserve cash flow over time.
- Closing Costs can be folded in to the loan amount, meaning less cash required at the closing table.
- Good for collateral-light service-based businesses because of the loan program’s unique eligibility requirements.
More Information on SBA Working Capital Loans
West Town Bank & Trust is committed to providing our clients with the knowledge and support they need to make the best decision for their business. Have questions about SBA loan programs? Use the form below to get in touch with a banker and walk through your options.
Guide: LEVERAGING SBA LOANS
How to Use an SBA Loan for Working Capital
The SBA loan is one of our most recommended loans for business owners that are serious about re-investing in their business. You’ll often see SBA loans referred to as ‘affordable capital’. In this article, we’ll walk through the reasonable, growth-friendly terms that make the SBA 7(a) loan a good working capital loan option for those that qualify.
Update: SBA LOAN PROGRAM CHANGES
The 2023 Change Streamlining Access to Working Capital
This article explains what the increased SBA 7(a) Small Loan amount means for small business owners and the future of affordable small business financing. We’ll cover the basics of what entrepreneurs need to know to access SBA financing for up to $500,000, improve their cash flows, and ultimately grow their businesses.
Ideas: 50 WAYS TO USE AN SBA LOAN
How to Use Working Capital to Grow Your Business
How would you grow your business with extra capital on hand? At West Town Bank & Trust, we’ve helped thousands of entrepreneurs access capital through the SBA 7(a) Loan Program to accomplish their business goals and prepare for future success. This article lists 50 ideas for how to leverage SBA financing to take your business to the next level.