SBA Loans | Third Coast Bank SSB | Humble, TX - Houston, TX
We offer SBA Loans for business acquisitions, partner buyouts, startups, equipment and machinery, real estate, and more. Do you qualify for SBA financing?
SBA 7(a) Loan Program
7(a) Loans are used to finance permanent working capital, equipment, land and building, business acquisitions, and start-up businesses.
The Bank funds the entire loan with 75% guaranty of the SBA on loans over $150,000. The maximum loan size is $5,000,000. Borrower pays a guaranty fee to the SBA on the 75% guaranteed portion of the loan which can be included in the financing.
Up to 10 year term without real estate and up to 25 year term with real estate.
Reasons to use SBA 7(a) Loans
Business Acquisitions (Franchise or non-franchise)
Equipment and Machinery Financing
Real Estate - up to 25 years
Debt Refinance - longer terms to improve cash flow
Long Term Working Capital - secured by inventory and accounts receivable
SBA 7(a) Special Promotion for Veterans
Third Coast Bank will waive the cost of our internally prepared SBA loan package for Veteran Business Owners. This represents a closing cost savings of up to $2,500!