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Small Business Administration (SBA) Financing Table


SBA Program Maximum Loan Amt Maximum Term Repayment Terms Maximum SBA Interest Rates - Adjusts Monthly

Important Details

7(a) Term Loans Up to $5,000,000 Working Capital: 7 years Equipment: 5-15 years

Real Estate: 25 years

Monthly payment of principal and interest over term of loan Term <7 yrs Base Rate B+2.25 Term > 7 yrs Base Rate B+2.75 Loan <$25M increase rate by 2.0%

Loan >$25M < $50M increase rate by 1.0%

Express Term Loan Up to $350,000 Same as 7(a) Same as 7(a) Loan <$50M Base Rate B+6.5
Loan >$50M Base Rate B+4.5
Export Express Term Loan Up to $500,000 Same as 7(a) Same as 7(a) Same as 7(a)
Veteran Advantage Term Loan Up to $350,000 Same as 7(a) Same as 7(a) Same as 7(a)
Export Working Capital Loan Up to $5,000,000 3 years Tied to use of proceeds Same as 7(a)
Express Revolving Line of Credit Up to $350,000 7 years Interest Monthly, Balance should revolve over term of loan Loan <$50M Base Rate B+6.5
Loan >$50M Base Rate B+4.5
Export Express Revolving Line of Credit Up to $500,000 Same as Express RLOC Interest Monthly, Balance should revolve over term of loan Loan <$50M Base Rate B+6.5
Loan >$50M Base Rate B+4.5
Veteran Advantage

Revolving Line of Credit

Up to $350,000 Same as Express RLOC Interest Monthly, Balance should revolve over term of loan Loan <$50M Base Rate B+6.5
Loan >$50M Base Rate B+4.5
CapLine - Seasonal, Contract, Builder, Working Capital Up to $5,000,000 Builders - 5 years
All others - 10 years
Tied to use of proceeds Same as 7(a)
504 Loan Program Total Project up to $12,500,000 Financial Center Portion $6,250,000 SBA Portion $5,000,000

Borrower Portion $1,250,000

Real Estate Bank: up to 25 years

SBA: 20 years

Monthly payment of principal and interest over term of loan Financial Center: Market Rates
SBA: Debenture Rate fixed for term

Zions Bank has been ranked as number 1 in SBA financing for 21 consecutive years in Utah and 13 consecutive years in Idaho. Reach expert representatives by phone or at any Financial Center to determine which SBA loan is right for your business and to answer any further questions you have about SBA loan rates, loan amounts and repayment terms.

If you have any questions about SBA financing options, contact a local SBA lender at Zions Bank.

What’s Next?

If you’ve already selected the right SBA financing option for your business, prepare a loan proposal for a bank or other lender. Visit the online Business Resource Center to learn how to prepare an effective loan proposal and increase your chances for loan approval.


Category: Bank loan

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