SBA 7A

SBA 7(A) Loans

The SBA 7(a) loan is the most common SBA loan product, offering flexibility on terms and business uses.

SBA loans allow businesses to obtain capital with less equity than a conventional loan. With our dedication to efficiency, collaboration and deep knowledge of small business lending, we’ll take you where you need to go.

SBA 7a loans is the most common SBA loan product
the advantages of using a sba 7a loan

Advantages:

✓ Up to 95% bank financing

✓ Minimal collateral requirements

✓ Fully amortized/no balloons

✓ No pre-payment penalties for loan terms under 15 years

the purpose of getting a sba 7a loan

Loan Purpose:

  • Business/practice purchase

  • Partner/manager buyout

  • Expansion through acquisition

  • Real estate purchase including ground-up construction and tenant improvements

  • Refinance existing business debt

  • Purchase equipment

deciding if you are a good fit for the sba 7a loan

Who’s a good fit?

✓ Profitable existing business

✓ Acceptable debt service coverage

✓ Good personal credit score (650 minimum)

✓ For-profit business

✓ Located in the United States

Loan terms for SBA 7(a) loans are the following:

sba 7a loans can be used for business acquisition
sba 7a loans can be used for machinery and equipment

Business acquisition
10-year maximum

Machinery and equipment
15-year maximum

sba 7a loans can be used for real esate

Real estate
25-year maximum

 Apply today and get up to
$3,000,000 tomorrow.