SBA Loans: The Key to Business Growth
Experience our efficient and streamlined SBA loan process. With reduced processing times, empower your business to achieve higher productivity. Secure the capital you need today and propel your business forward.
- Business Acquisitions: Leverage the power of SBA loans to acquire an existing business.
- Lightning SBA: Obtain up to $500k in just 30 days with our streamlined SBA loans.
- Start a Business: With our specialized small business loans online, we've guided numerous entrepreneurs in transforming their visions into thriving enterprises.
- Buy Commercial Real Estate: Purchase owner-occupied commercial real estate with financing of up to 110% through our tailored SBA loans.
SBA Loan Benefits for Business
As a small business owner, if you’re searching for an adaptable, affordable, and efficient loan solution, look no further than small business loans online through the SBA. Dive into the myriad of advantages SBA loans offer to empower your enterprise.
Flexible SBA Loan Options
Whether you're looking to buy equipment, acquire commercial real estate, or meet other needs, SBA loans stand out as the most flexible small business loan option.
Quick Access to Capital with SBA Loans
Thanks to a federal government guarantee covering 75% - 90% of the loan amount, SBA loans instill confidence in banks to lend. This makes it simpler for businesses with limited collateral to secure funding.
Favorable Terms
With extended repayment periods and competitive low-interest rates, SBA loans stand out as a more beneficial choice compared to many alternative loan options.
Tips to master your business finances
Prioritize Financial Education
Continuous learning is essential in the dynamic field of business finance.
Establish a Robust Accounting System
Accurate financial data is the foundation of sound decision-making.
Seek Professional Guidance
Engage with financial advisors, accountants, or consultants to gain valuable insights.
What makes us different
Pre-Qualification Guidance
Before diving into the application, our expert team evaluates your eligibility for SBA loans, ensuring a smooth journey to a successful loan closing.
Loan Documentation Support
Navigating the paperwork for SBA loans can be intricate. We're here to help you prepare and submit all essential documents, reducing the chances of errors and unnecessary delays.
Tailored Industry Insights
We have extensive experience across various industries, enabling us to provide specialized guidance and support tailored to your business type.
Common questions, answered.
What is an SBA-7A 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, including AI-related expenses
- 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. Your lender will help you figure out which type of loan is best suited for your needs. This also includes recommending you for an SBA 7(a) Working Capital Pilot (WCP) loan, if your business qualifies.
Am I eligible?
To be eligible for 7(a) loan assistance, businesses must:
- Be an operating business
- Operate for profit
- Be located in the U.S.
- Be small under SBA Size Requirements (Link is external)
- Not be a type of ineligible business (Link is external)
- Not be able to obtain the desired credit on reasonable terms from non-Federal, non-State, and non-local government sources
- Be creditworthy and demonstrate a reasonable ability to repay the loan
How do I apply?
Click here to apply for the SBA now.
How do I pay back my 7(a) loan?
Loan repayment terms vary according to several factors.
- Most 7(a) term loans are repaid with monthly payments of principal and interest from the cash flow of the business
- Payments stay the same for fixed-rate loans because the interest rate is constant
- For variable rate loans, the lender may require a different payment amount when the interest rate changes
Minimum requirements for an SBA loan.
Credit Score
Minimum score 650
01
Monthly Revenue
Minimum $8,000 monthly
02
Time in Business
Minimum 2 years
03
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