M&T Bank : SBA Guaranteed Loans
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SBA Guaranteed Loans

M&T Bank is a preferred U.S. Small Business Administration (SBA) lender, providing financing to new and existing businesses that may not qualify under conventional bank terms.*

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Call your M&T Relationship Manager, stop by an M&T branch or call 1-800-724-6070.

  7(a) Small Loans
< or = $350,000
7(a) > $350,000
SBA Express
Ideal To Support current activities, to expand, or start a business Support current activities, to expand, or start a business Support current activities, to expand, or start a business
Credit Amount Term Loans up to $350,000 Term Loans from $350,000 to $5,000,000 Lines of Credit or Term Loans up to $350,000
Use of
Funds
Working capital, leasehold improvements, equipment purchase, land, building or business acquisition including real estate Working capital, leasehold improvements, equipment purchase, land, building or business acquisition including real estate Working capital, leasehold improvements, equipment purchase, land, building or business acquisition, debt refinancing
Interest
Rates

Variable

  • Loans < 7 years: up to WSJ Prime + 2.25%*
  • Loans > or = 7 years: up to WSJ Prime + 2.75%*

Variable

  • Loans < 7 years: up to WSJ Prime + 2.25%*
  • Loans > or = 7 years: up to WSJ Prime + 2.75%*

Variable

  • Loans < or = $50,000: up to WSJ Prime + 6.50%*
  • Loans > $50,000: up to WSJ Prime + 4.50%*
Maturity Up to 10 years for non-real estate secured; up to 25 years for real estate secured Up to 10 years for non-real estate secured; up to 25 years for real estate secured
  • Term Loans: up to 10 years for non-real estate secured; up to 25 years for real estate secured
  • Lines of Credit: up to 7 years maximum
Requirements

Borrower must pay to the SBA an upfront guaranty fee equal to:

  • 0% of the guaranteed portion for loans < or = $150,000
  • 3% of the guaranteed portion for loans > $150,000

Borrower must pay to the SBA an upfront guaranty fee equal to:

  • 3% of the guaranteed portion for loans < or = $700,000
  • 3.5% of the guaranteed portion for loans > $700,000
  • An additional 0.25% is charged for any guaranteed portion > $1,000,000

Borrower must pay to the SBA an upfront guaranty fee equal to:

  • 0% of the guaranteed portion for loans $150,000
  • Fee waived for veteran-owned businesses

*Please note that this information is subject to change without notice, and you should consult the SBA website at www.sba.gov for additional information and to confirm the accuracy of the information

All loans and all terms referenced herein are subject to receipt of a complete application, credit approval and other conditions. Other terms, conditions, fees and restrictions may apply.

Unless otherwise specified, all advertised offers and terms and conditions of accounts and services are subject to change at any time without notice. After an account is opened or service begins, it is subject to its features, conditions, and terms, which are subject to change at any time in accordance with applicable laws and agreements. Please contact an M&T representative for full details.

 
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