SBA 7(a) Loans up to $500k Now Available

Business Insights

Meet Sara McCorriston – Paradigm Gallery

4 Minutes to read
"NEWITY is your support system, they were the team behind you to help navigate what can be a very complicated process. NEWITY is the company that breaks down that barrier and I can tell you that NEWITY is different.”
Sara McCorriston
Owner Paradigm Gallery

Paradigm Gallery, in the heart of Philadelphia, exhibits meaningful, process-intense contemporary artwork by emerging and mid-career artists from around the world.

Sara McCorriston is the co-founder of Paradigm Gallery, with the mission of increasing access to the commercial art world, supporting artists and advancing their careers, and collaborating with like-minded partners to build a more equitable, sustainable arts economy for all.

When this art gallery needed additional funds to support its growth, Sara researched methods of accessing capital, including applying for an SBA 7(a) loan directly through a bank, but turned to NEWITY for support navigating what can be a very complicated loan application process.

Our team broke down the complexities and helped Sara apply and receive an SBA 7(a) loan. With a government-backed loan and low interest rates, Sara had manageable monthly payments and was able to accomplish much more than she expected with her newfound capital. Sara was glad to have NEWITY understand the urgency her gallery experienced when it needed funding and support her though the SBA 7(a) loan process.

Our team is grateful to have helped small businesses owners like Sara to expand their vision for the greater Philadelphia arts community.

Get started with your SBA 7(a) loan journey today.

To qualify for an SBA 7(a) small business loan, your business must be:

  1. U.S.-based and operated
  2. Owner supported / owner funded
  3. Eligible per the SBA’s requirements

Your loan amount will determined by the business’ average annual revenue, FICO score, and years in business