SBA Loan Programs

Fidelity Business Funding, a subsidiary of Wholesale Capital Corporation, understands that small business is the backbone of American industry and as such we provide the expertise to get your small business the capital it needs to continue to grow.

SBA 7(a) Loans

Fidenlity Business Funding's SBA 7(a) loans can be used by small businesses to pursue opportunities that may be just slightly out of reach of current cash flow. Depending on your businesses goals, terms can range from 7 to 25 years, with values starting at $150,000 going up to $2 million.

Loan Size

  • $150,000 to $2 Million

Advance Rates

  • Real estate - up to 90% (less for special-use properties)
  • Business acquisition - up to 85%
  • Equipment acquisition - up to 90%
  • Debt refinance - up to 100%
  • Business start-up - up to 80%

Maximum Term (Fully Amortized)

  • Real estate purchase and refinance - 25 years
  • Business or equipment acquisition - 10 years
  • Working capital and inventory - 7 years

Collateral

  • Business assets, business or personal real estate

Loan Costs

  • Documentation fee - $1,750
  • Appraisal, environment, title/escrow, etc.

SBA 504 Loans

SBA 504 loans offer Small Business owners flexibility with long-term funding up to 25 years. Program highlights are - lower capital requirements compared to traditional commercial real estate loans, fixed-rate options and financing ranging from $250,000 up to $10 million*.

Loan Size

  • $250,000 to $5 Million

Advance Rates

  • General purpose real estate - up to 90%
  • Special purpose real estate - up to 85%
  • Equipment financing up to 90%

Maximum Term (Fully Amortized)

  • Bank first trust deed - 25 years
  • SBA second trust deed - 20 years

Loan Costs

  • Brokerage fee - 0.5% of first trust deed amount
  • SBA fee - 2.65% of second trust deed amount
  • Documentation fee - $1,750
  • Appraisal, environment, title/escrow, etc.

Mortgage Rates

PROGRAM RATE APR

30 Year Fixed conforming  no cost

3.500% 3.500%
15 Year Fixed Conforming  no cost 3.125% 3.125%
Super Jumbo to 2000,000   4.000% 4.180%
Hi Balance 30 Year Fixed   3.750% 3.750%
VA / FHA 30 Year Fixed  3.375% 3.510%

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Hotline : 877 294 6754