7a Capline

Small Business Administration CAPLines

The SBA CAPLines program is meant to give small businesses access to lines of credit, both revolving and fixed for short term as well as seasonal needs. Most CAPLine loans must be fully collateralized by borrower assets. CAPLines go as high as $5 million, of which up to $3.75 million is guaranteed by the SBA. Get in touch with one of our SBA Business Development Officers today and see which CAPLine program is the best fit for you!

The CAPLines program is broken down into four different loan types:

  • Seasonal CAPLines – Meant to help you fund cyclical increases in things like inventory, accounts receivable, and labor costs. These loans are not intended to help cash flow during the off-season of the business in question
  • Contract CAPLines – A loan to help you acquire a specific contract, purchase order, or subcontract
  • Builder’s CAPLines – For funding the construction or renovation of commercial or residential buildings meant for resale
  • Working Capital CAPLines – Get funds to cover short term working capital.

General Parameters

  • Ideal for companies involved in business-to-business sale of products or services on terms of open credit
  • Variable-rate indexed to Prime
  • May include extraordinary servicing fees
  • Terms up to 10 years, generally with annual financial covenants

Subject to Sunwest Bank’s Standard Approval and Underwriting Guidelines

Disaster Assistance

The SBA provides low-interest disaster loans to help businesses and homeowners recover from declared disasters.