Establish, expand or grow your business with Small Business Administration (SBA) loans perfectly suited to your needs.
Types of SBA Business Loans
At GCL, we give small and medium-sized businesses across America access to the capital they need to grow and operate efficiently. We have a knowledgeable team of commercial lending specialists focused solely on SBA small business loans to help you understand your options and navigate short-term and long-term financing solutions.
Start or acquire a business, buy inventory and equipment, obtain working capital or refinance debt with a variable or fixed interest rate SBA 7(a) loan.
Buy, build or expand real estate, finance improvements to your property or purchase heavy equipment with a fixed interest rate SBA 504 loan.
Payroll Protection Program (PPP)
An SBA-backed loan that helped businesses keep their workforce employed during the COVID-19 crisis. PPP ended on May 31, 2021. Existing GCL PPP borrowers can still access information regarding their loan or the forgiveness application process.
How Can You Use an SBA Loan?
Whether you’re just getting started or gearing up for another expansion, Greater Commercial Lending gives you access to government-guaranteed SBA loans with flexible payment terms. We’ll help you choose the SBA loan programs that address your immediate needs, fund your short-term requirements or support your long-term goals.
The Benefits of Securing Your SBA Loan Through GCL
Our longstanding commitment to rural communities and close relationship with the SBA gives you an advantage when it comes to securing the business loans you need to start, expand or grow your business.
Unmatched SBA Loan Expertise
Our commercial lending specialists have deep expertise in all types of SBA commercial loans. We provide the service and trusted guidance businesses need to choose the SBA loan that’s right for them at every stage of growth.
Our experience and proven track record with the SBA gives us the ability to get capital in your hands faster.
Competitive Interest Rates
Government-backed SBA loans give businesses across rural America access to credit at reasonable interest rates for new facilities, equipment, technology, working capital and more.
SBA loans give you access to the capital you need, when you need it, without exorbitant fees. SBA loan rates are among the lowest available of all small business financing options. Plus all the fees are financed into the loan at low interest rates. We will help you choose the SBA loan that’s right for your stage of growth.
More Time to Repay
The SBA offers reasonable repayment timeframes that vary depending on what you’re financing and the type of loan you choose:
- Real estate – Up to 25 years
- Business acquisition, equipment – Up to 10 years
- Working capital – Between 7-10 years
Credit unions and their affiliated organizations played an important role in the PPP’s ability to keep businesses open. We are grateful that Greater Commercial Lending helped lead the charge and set a standard for advancing the program’s mission and accessibility to deserving small businesses and nonprofits.
JOSEPH AMATO, FORMER NEVADA DISTRICT DIRECTOR, SBA