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TransPecos Banks. Texas Banking at its Best.

SBA 7(a)

What is an SBA 7(a) Loan?

 

This is the most popular United States Small Business Administration (SBA) loan program.
Its purpose is to expand access to capital for small businesses to help drive growth and job
creation. This type of loan is often secured when other financing options are not available.

What can the 7(a) funds be used for?

Grow your business with funding:

  • For Working Capital
  • To Purchase Machinery or Equipment
  • To Purchase Inventory, Furniture, Fixtures, Supplies and Materials
  • To Hire New Employees
  • To Expand a Business
  • To Continue Operating a Business

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