15.2 (C) Commercial Bank Loans through the Small Business Administration Available to qualied small business applicants via a variety of loan programs, the most common of which is the 7(a) Loan Guaranty Program. The 7(a) Loan Guaranty Program administers business loans to individuals or businesses that might not be eligible for a loan through the normal lending agencies. - Loan proceeds can be used for working capital and xed assets, with repayment schedules extending up to 25 years. These loans are delivered through commercial lenders and guaranteed by the SBA. The interest rates tend to be quite competitive but the major advantage of this program is the banks' since the loans are backed by the SBA