SBA 7(a) Loan Program
Home / SBA 7(a) Loan Program
Streamlining Success with Versatile Financing Options
The SBA 7(a) Loan Program is a robust financial tool for businesses seeking to bolster their operations, acquire real estate, or expand their reach. Renowned for its flexibility, this program is a go-to for entrepreneurs looking to purchase new equipment, refinance, or even buy out a business partner.
SBA 7(a) Loan Program Features
Use of Proceeds
- Real estate purchase, refinance, and construction
- Business expansion, acquisition, and partner buy-out
- Equipment purchase
- Franchise financing
Loan Amounts
- Up to $5,000,000
Term
- Commercial real estate – 25 years
- Equipment – 15 years or useful life (the lesser of)
- Working capital – 7 to 10 years
Advance Rate
- Up to 90% on real estate
- Up to 100% on machinery and equipment
- Up to 85% on business acquisitions
Benefits
- No balloon payments
- Lower equity requirements
- Longer-term financing
- Improved cash flow
*Some credit restrictions may apply. Loans are subject to credit approval.
**Subject to sba.gov eligibility requirements.
A simple and hassle-free SBA experience
Get the support and advice you need. Our lending professionals strive to handle your loan request efficiently from application to closing so you can focus on what matters–growing your business.
Learn more about the SBA 7(a) loan program by scheduling a consultation with us.
