Valley Bank is a top SBA lender and we're here to help you


Valley's team of SBA professionals can help you find the right SBA loan for your business, whether it's the SBA 7(a) Loan Program, or the 504 Loan Program.

Recent SBA Modifications
great opportunity for businesses

Recent SBA Modifications

In December, as a result of the Economic Aid Act, there were several modifications made to the SBA7(a) program; which could present a great opportunity for businesses that don’t qualify for conventional commercial/business loans.

  • Guaranty percentage increased from 75% to 90% so SBA Lenders like Valley have more flexibility in our credit decisions.

  • Guaranty fee waived—which means substantial savings for borrowers

  • SBA will make the first 3 principal and interest payments after the loan is fully funded*

  • As an extra bonus, Valley will reduce our SBA 7(a) packaging fee to $1,000 - savings of up to $1,500.

  • *Subject to funds being available. The changes are effective until September 30, 2021



SBA 7(a) Loan Program

The SBA 7(a) loan program can be used for leasehold improvements; new business acquisitions; real estate, expansions or start-ups; equipment or inventory; working capital; or refinancing existing debt. There are other scenarios and uses that would also qualify for an SBA 7(a) loan. 


Borrow Amount: Up to $5 Million




  Why choose an SBA 7(a) Loan?

  • Broad eligibility – Most small businesses incorporated for profit within the United States are eligible.

  • SBA guarantee program – With the 7a program the SBA offers either an 85% or 75% guarantee, giving customers access to capital, that they might not otherwise be able to obtain.

  • More flexible – Often with longer fully amortizing repayment terms and lower down payments than conventional bank loans.

  • No prepayment fees – For loans with repayment terms less than 15 years.




SBA 504 Loan Program

For owner occupied commercial real estate and equipment, the SBA 504 loan program features long term fixed rates and a lower down payment than conventional loans. 


Borrow Amount: Up to $15 Million




  Why choose an SBA 504 Loan?

  • Low down payments – as little as 10% of the total project cost

  • Longer repayment terms – up to 25 years depending on use of funds

  • Competitive rates – The borrower is also able to fix the rate for a longer term. Rates are generally below convential options.




Additonal resources you may be interested in:


SBA FAQsDo you have questions or don't know where to begin? Check out our FAQs.

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