SBA Alabama District Office lending Overview Workshop

The 7(a) loan program is SBA's primary program for providing financial assistance to small businesses for essentially any business purpose. The terms and conditions, like the guaranty percentage and loan amount, may vary by the type of loan. Come learn about the different types of 7a Loans used for the following purposes:

• Short- and long-term working capital
• Refinance current business debt
• Purchase real estate, equipment, furniture, fixtures, and supplies

The CDC/504 Loan Program provides long-term, fixed rate financing for major fixed assets that promote business growth and job creation. 504 loans are available through Certified Development Companies (CDCs), SBA's community-based partners who regulate nonprofits and promote economic development within their communities. CDCs are certified and regulated by the SBA.

Please contact the instructor Roderick.Perkins@sba.gov with any questions or concerns you may have.