1 of 3 Selected
The SBA 504 loan is designed for business owners who want to purchase fixed assets such as equipment, machinery and real estate.1
An SBA 7(a) Loan allows businesses to borrow up to $5 million to use for business expansion, equipment purchases or to debt refinance. 1
An SBA Express Loan is a loan or line of credit between $100,000 and $350,000. Funds may be used for working capital, business expansion and purchase of fixed assets.1
Loan Amount
SBA 504 Loan
Up to $6.25 million Regions portion, $5 million CDC portion along with borrower injection of $1.25 million.
SBA 7(a) Loan
N/A
SBA Express Loan
N/A
Loan Terms
SBA 504 Loan
Regions Loan
Equipment: At least 7 years
Real Estate: At least 10 years with up to 25–year amortization
CDC
Equipment: up to 10 years fully amortizing
Real Estate: up to 25 years fully amortizing
SBA 7(a) Loan
Permanent Working Capital: Up to 7 years
Equipment: Up to 10 years
Real Estate: Up to 25 years with fully amortizing loan terms
SBA Express Loan
Lines of Credit: Up to 5 years revolving with a 10-year maturity.
Borrower Contribution
SBA 504 Loan
Between 10% - 20% of total project costs
SBA 7(a) Loan
At least 10% for purchases
SBA Express Loan
At least 10% for purchases
Pricing & Fees
SBA 504 Loan
Variable and fixed-rate options
Ask a Regions banker about the specific fees associated with SBA loans
SBA 7(a) Loan
Variable and fixed-rate options
Ask a Regions banker about the specific fees associated with SBA loans
SBA Express Loan
Variable and fixed-rate options
Ask a Regions banker about the specific fees associated with SBA loans
Features
SBA 504 Loan
- Borrow up to $6.25 million from Regions
The CDC portion is a long term fully amortizing loan
Buy Equipment, Machinery, or Real Estate
Low Down Payment
SBA 7(a) Loan
- Borrow up to $5 million
Fixed & Variable RatesLow Down Payment
Full amortization no balloon
SBA Express Loan
- Borrow up to $350,000Fixed & Variable RatesLow Down PaymentRevolving and term out structure
The SBA 504 loan is designed for business owners who want to purchase fixed assets such as equipment, machinery and real estate.1
An SBA 7(a) Loan allows businesses to borrow up to $5 million to use for business expansion, equipment purchases or to debt refinance. 1
An SBA Express Loan is a loan or line of credit between $100,000 and $350,000. Funds may be used for working capital, business expansion and purchase of fixed assets.1