SBA 7(A) LOAN
The gold standard in business lending. The 7(a) loan program is SBA's primary business loan program for providing financial assistance to small businesses. We’ll work with you to provide proper structuring, underwriting, and documentation that ensure your loan meets every SBA requirement.
HOW IT WORKS
What is a 7(a) loan?
The 7(a) Loan Program, SBA’s primary business loan program, provides loan guaranties to lenders that allow them to provide financial help for small businesses with special requirements. 7(a) loans can be used for:
- Acquiring, refinancing, or improving real estate and buildings
- Short- and long-term working capital
- Refinancing current business debt
- Purchasing and installation of machinery and equipment
- Purchasing furniture, fixtures, and supplies
- Changes of ownership (complete or partial)
- Multiple purpose loans, including any of the above
The maximum loan amount for a 7(a) loan is $5 million. Key eligibility factors are based on what the business does to receive its income, its credit history, and where the business operates.
We will help you figure out which type of loan is best suited for your needs.