The Small Business Administration offers government-backed loans with favorable interest rates and payment terms that are different from traditional business loans. Secure the capital you need to grow without sacrificing your bottom line.
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The SBA 7(a) program is a low interest rate, long-term loan for eligible small businesses. Terms are typically more favorable than those offered to small businesses by banks.
Rent, payroll, 1099 payments, utilities, marketing, membership programs, debt refinancing and more.
SBA 7(a) loans offer some of the lowest interest rates for small business long-term working capital.
As a government-backed product, you are more likely to be approved for a SBA 7(a) loan compared traditional bank loans.
NEWITY LLC and its affiliates are not lenders participating in SBA’s 7(a) loan program. SBA 7(a) loans are ultimately processed and approved by a lender participant in SBA’s 7(a) loan program.
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Your loan amount will determined by the business’ average annual revenue, FICO score, and years in business
