Government guaranteed lending is one way to enhance the value of any type of Senior Debt instrument for both the borrower and the lender. Business Finance and Development provides expertise in a wide variety of government guaranteed lending programs, and can offer lenders a variety of incentives to provide our clients with much longer terms than might be available under normal banking criteria. Examples include:

• Land and buildings — Up to 30 years
• Equipment — Up to 15 years
• Working Capital — Up to 7 years

Guaranteed lending programs include:

• USDA Business & Industry loans
• USDA Community Facility loans
• SBA 7(A) loans
• SBA 504 loans
• BIA loans

Business Finance & Development offers products that can provide longer repayment terms with no call provision. For the borrower, these benefits are significant:

• The "no call" provision can mean reduced fees over the life of the loan.
• Longer repayment terms can mean improved cash flow, and improved cash flow usually provides greater flexibility in how you grow and run your business. Of course, longer terms may sometimes result in paying a larger total amount in the long run.

For the lender, benefits of guaranteed government loans are often two-fold:

• Enhancement of the lender's loan portfolio.
• Because the guarantee is a marketable security, selling the guarantee can generate immediate and potentially significant returns for the lender.