SBA 7(a) loans for franchise business owners are affordable, flexible and help with conservation of cash flow. In comparison to conventional bank financing, borrowers have access to a variety of benefits through the 7(a) Program, such as longer maturities, lower interest rates and lower collateral requirements.
As a Preferred Lender by the SBA, West Town & Trust consistently ranks as a top SBA 7(a) franchise lender in the country by dollar volume each year, authorizing more than $130 million to franchises since 2010, and has a team of franchise lending experts ready to help at your fingertips.
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“Working with West Town Bank was an incredible experience. They presented options other lenders didn’t, which really made me feel confident about the product we used and the decision to buy. The team was there keeping me updated throughout the process and have been a great resource when needed after closing. They couldn’t have handled things better and I would highly recommend them to anyone.”
– Doug Yopp, Owner