# Demo SBA 7(a) 3

Loan program offered by **Demo Palmetto Mortgage**. Listing last updated 2026-10-01.

| Criterion | Published by the lender |
|---|---|
| Financing category | Business financing |
| Loan type | SBA 7(a) |
| Loan uses you finance | Cash-Out, Expansion, Inventory, Construction, Fix and Flip |
| Minimum loan | $70,000 |
| Maximum loan | $6,600,000 |
| Lowest indicative rate (%) | 8.71% |
| Highest indicative rate (%) | 14.52% |
| Rate type | Variable |
| Minimum term (months) | 84 |
| Maximum term (months) | 300 |
| Minimum credit score | 678 |
| Recourse | Full recourse |
| Personal guarantee | Required |
| Estimated days to close | 62 |
| We lend nationwide | No |
| States served | Alabama, Oklahoma |
| Minimum time in business (months) | 24 |

Rates and fees are lender-provided, indicative and subject to change. Criteria left blank by the lender are not applied.

How to inquire: https://lendermatrix.com/get-funding/

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Source: https://lendermatrix.com/loan-programs/demo-sba-7a-3/
LenderMatrix is a marketplace, not a lender. Program information is supplied by lenders and can change. A potential match is not an approval or an offer of credit.