SBA 7(a) Loans
The most flexible SBA program for growing businesses.
SBA 7(a) Loan Features
Up to $5 Million
Generous loan amounts to fund significant business needs and growth initiatives.
Versatile Use
Use for working capital, equipment, real estate, debt refinancing, or business acquisition.
Terms up to 25 Years
Long repayment terms for real estate. Up to 10 years for equipment and working capital.
Lower Down Payments
SBA guarantee means lenders can offer 10-20% down instead of the typical 25-30%.
Competitive Rates
Rates tied to prime plus a spread, typically lower than conventional business loans.
No Balloon Payments
Fully amortizing loans with predictable monthly payments throughout the term.
For-profit businesses operating in the US that meet SBA size standards. Most businesses with reasonable credit history and demonstrated ability to repay qualify.
Almost any legitimate business purpose: purchasing real estate, buying equipment, working capital, inventory, refinancing existing debt, or acquiring another business.
SBA 7(a) rates are variable, based on the prime rate plus a spread (typically 2.25-2.75%). Maximum rates are set by the SBA.
SBA requires lenders to collateralize loans to the extent possible, but loans are not declined solely for lack of collateral if the borrower demonstrates ability to repay.
Ready to Apply for SBA 7(a)?
Get started with the most flexible SBA program.