Customers may finance with a longer term which decreases their monthly payment, but may increase the total interest paid over the life of the new loan.
Lower down payments may result in higher monthly payments and a higher loan balance.
Some small manufacturers or specific types of energy projects (as described in the energy project section) may qualify for a $5.5 million debenture.
For discussion and general informational purposes only. All financing is subject to credit approval and determination of SBA eligibility by Wells Fargo SBA Lending. Additional collateral may be required. Other restrictions and requirements may apply. Middle Market Banking products and services are provided by Wells Fargo Bank, N.A. Wells Fargo Bank, N.A. is a bank affiliate of Wells Fargo & Company. Wells Fargo Bank, N.A. is not liable or responsible for obligations of its affiliates.