Small Business Support Loan (SBSL)
Short term needs financing for inventory purchase or working capital. Long term financing for business expansion or equipment/business purchase
Small Business Support Loan (SBSL)1. Loan Amount
- Amount: $10,000 to $100,000
- Maximum loan amount shall not exceed the lesser of the following two amounts; (a) $100,000 or (b) 1/3 of the applicant’s annual revenue in the latest financial statements.
- CLOC: 1 year
- TLTB: up to 5 years
- Not applicable for International (Trade Finance), SBA, Consumer, CRE loan