Effective July 4, eligible borrowers may now combine SBA 7(a) and 504 loans for up to $10 million in SBA-backed financing, doubling the previous cumulative limit.
Heather Endresen and Kurt Chambliss present a webinar on the newly-expanded lending limits and what these changes mean for you.
Topics include:
- Overview of the SBA’s new combined 7(a) and 504 loan limits
- How businesses can access up to $10 million in SBA-backed financing
- Expanded opportunities for manufacturers and capital-intensive industries
- Using 7(a) loans for working capital alongside 504 loans for equipment and real estate
- Recent SBA initiatives supporting manufacturing, construction, logistics, energy, and food production
- What lenders and borrowers should know before the rule takes effect on July 4