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SBA Loan Financing Comparison

Greater Nevada Credit Union's Commercial Services division offers a variety of loans through the U.S. Small Business Administration (SBA) program. Compare the details of each option below.

Interest rates are determined on an individual loan basis based on a variety of factors including business history, principals’ history, loan to value, and term. Interest rates are subject to regulatory maximums as set by the SBA.

For inquiries, please contact a member of our Commercial Services Lending team.
  SBA 7(a) & 7(a) Small Loan Programs SBA Express SBA Veterans Advantage CapLines International Trade or Export Working Capital Programs 504 Loans
Ideal for Business expansions, renovations, new construction, land or building acquisitions, equipment or asset purchases, working capital, and business startup or acquisitions Same as SBA 7(a) but can also be a revolving line of credit Same as SBA 7(a) Seasonal or short-term working capital. May be a revolving line of credit Funds for expansions, new business asset purchases, or working capital to support international trade Long-term, fixed asset purchases or refinances
Credit Amounts Up to $5,000,000 Up to $350,000 Up to $350,000 Up to $5,000,000 Up to $5,000,000 Up to $12,500,000
Loan Terms Maximum of 25 years dependent upon collateral Maximum of 7 years for revolving lines of credit. Otherwise, the same as 7(a) loans Same as SBA Express Maximum of 10 years Maximum of 25 years dependent upon collateral Maximum of 30 years dependent upon collateral
Requirements Must be a for-profit business; must meet SBA eligibility requirements; must demonstrate the ability to repay the loan Same as the 7(a) program Same as the 7(a) programs plus the business must be owned and controlled by one or more of the following: veteran, active-duty military in TAP, reservist or National Guard member or a spouse of any of these groups, or a widowed spouse of a service member or veteran who died during service, or a service-connected disability. Same as the 7(a) program Same as 7(a), plus
engaged or preparing to engage in international trade
Ideal
Same as the 7(a) program