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What is an SBA Loan?
An SBA loan is a small business loan that is guaranteed through one of the government’s Small Business Administration financing programs. Qualified entrepreneurs can secure loans of up to $5 million to start, grow, or buy a business. SBA Loans funded through the SBA loan programs come with extended repayment terms, competitive rates, and other business-friendly benefits.
At Northwest Federal Credit Union, we offer a variety of SBA loan programs to help move your business forward with:
- Affordable loan terms
- Extended maturities to preserve cash flow
- Lower collateral requirements
- Flexible use of proceeds
Our Commercial Lending team will help you obtain financing with competitive rates and terms to meet your unique business needs.