Learn more
SBA 7(a) Loans
The 7(a) is the SBA's primary loan programme and the one most small businesses end up using. It goes up to $5 million and can buy a business, buy the building it sits in, refinance expensive debt, or fund working capital — often in the same loan. In exchange for a government guarantee to the lender, you get longer terms and a smaller down payment than a conventional bank loan, and a longer, more paper-heavy process to match.
Apply Now- ●Up to $5 million, the SBA's published maximum
- ●Buy a business, buy real estate, refinance debt or fund working capital
- ●Up to 25 years on real estate, about 10 on everything else
- ●Usually 10% down, more on special-purpose property like a gas station
- ●Every owner of 20% or more signs a personal guarantee
Related programmes
View all- SBA 504 LoansLong-term fixed-rate money for buildings and heavy equipment — 10% down.
- Purchase Order FinancingFunding to fulfill a large order before you get paid.
- Revenue-Based FinancingRepay as a percentage of revenue instead of a fixed payment.
- SBA ExpressA smaller SBA loan with a much faster answer — often inside a week.
- SBA CAPLinesAn SBA-backed line of credit for contracts, seasons and growing receivables.
- Merchant Cash AdvanceAn advance against future card sales, repaid via a fixed daily or weekly percentage.