Get Great Rates and Low Monthly Payments

Loans up to

$5 Million

Interest Rates FROM


Loan Terms

10 – 25 Years

* SBA loans from Paramount Payment Systems partner banks have a variable rate of Prime Rate plus 1.50% to 3.75%.’

SBA Loans

An SBA loan is a government-guaranteed small business loan that has a longer term and a lower interest rate than a Traditional Term Loan. The Small Business Administration (SBA) is the government agency that partially guarantees SBA loans and was founded in 1953 to support small business owners across the United States.

The SBA guarantees the loan, promising to reimburse the bank for a certain percentage if there is a default. This lowers the risks to lenders which encourages them to offer more SBA loans.

SBA Loans Costs

SBA loans tend to be the least expensive financing available to small business owners.

There are different rates depending on the lender you work with; however, the SBA establishes the maximum amount that can be charged for these loans. SBA loans from Paramount Payment System’s affiliated banks have variable interest rates and depend on the loan amount:  Below is an example of these rates.


Commercial Real Estate

$500,000 – $5 million

6.50% to 7.75%

(Prime Rate plus 1.50% to 2.75%)

Debt Refinancing / Working Capital

$30,000 – $350,000

7.75% to 8.75%

(Prime Rate plus 2.75% to 3.75%)

SBA Loan Requirements

SBA loans banks are for financially healthy borrowers. Most businesses can qualify for these loans if;

  • Business in operation 2 Years+
  • Personal FICO Score 650+
  • No recent personal bankruptcies or foreclosures
  • Business cash flow must be sufficient to satisfy the monthly payments

If you meet the SBA Loan requirements, you should  apply now for an SBA loan.

If you don’t think you would currently qualify, Paramount Payment Systems is here to help.

Paramount Payment Systems has other loans that can help meet your immediate need as well as help improve your credit score.

Documents Required to Apply for an SBA Loan

  • Last 2 years business and personal income tax returns. 
  • Current Year’s YTD Profit and Loss
  • Current Year’s YTD Balance
  • Current Debt Schedule
  • Other Documents that may be requested:
    • Collateral (collateral required depends on the SBA loan size)
    • Personal Financial Statement for each individual owning 20% or more of the company.
    • business licenses
    • Articles of Incorporation
    • commercial leases
    • franchise agreements.

Use of Funds

How  would you use SBA loan proceeds to grow your small business?

  • Working Capital
  • Debt Refinancing
  • Commercial Real Estate (CRE)
  • Hiring employees
  • Purchase Equipment
  • Marketing
  • Business Expansion
  • Inventory and Operational Expense

Ready to take the first step?