SBA 7(a) Loan
A financing solution that adapts to your small business.
Connect with us link goes to a connect with us pageSBA 7(a) Loan
A financing solution that adapts to your small business.
Connect with us link goes to a connect with us pageUnlock your business potential with flexible financing.
The SBA 7(a) Loan is designed to provide financial assistance for a wide variety of small business needs. Our team is dedicated to helping you explore the possibilities, putting this versatile program to work for your company. What could you achieve with additional funding?
Versatile Funding Options
With an SBA 7(a) loans, you can finance a wide range of business needs. From working capital and equipment purchases to business acquisitions and debt refinancing, these loans take businesses like yours to the next level.
Competitive Terms
Benefit from longer repayment terms and lower down payments than conventional loans, with financing up to $5 million.
Expert Guidance
Leverage our status as an SBA Preferred Lender for streamlined interactions and personalized support throughout the loan process, giving you faster access to the funding you need.
Additional SBA 7(a) Loans Program.
We offer specialized SBA 7(a) Loan programs to meet you where your needs are.
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SBA Express
Loan Program
Take action by leveraging less complex term loans and revolving lines of credit. The quick turnaround and streamlined documentation of an SBA Express Loan helps you pivot with sudden changes in your business landscape.
SBA Export Working Capital Program
Designed for businesses engaged in export activities, this program provides working capital to support foreign accounts receivable during long payment cycles. Embrace international opportunities without concern over cash flow.
SBA Working Capital
Pilot Program
This pilot loan program offers monitored lines of credit within the 7(a) loan program. This line of credit allows borrowers to customize the line to their exact needs, paying only for the time funds are in use.
SBA 7(a) Loan Requirements.
To be eligible for an SBA 7(a) loan, your business must:
- Operate for profit in the United States
- Be a small business as defined by the SBA:
- Have a tangible net worth of less than $20 million
- Have an average net income of less than $6.5 million after federal income taxes for two years preceding your application
- Have reasonable invested equity
- Demonstrate a need for the loan proceeds
- Use the funds for a sound business purpose
- Have no delinquencies on any existing debt obligations to the U.S. government
Frequently Asked Questions
How can I use an SBA 7(a) Loan?
What are the maximum loan amounts and terms for SBA 7(a) Loans?
My business is in a growth and development phase. Is there a minimum credit score for getting an SBA 7(a) Loan?
Can I get an SBA 7(a) Loan for a startup?
What is the current SBA 7(a) Loan interest rate?
Connect With Us
An SBA 7(a) Loan could be just the boost your business needs. Our SBA lending team has the experience to help you glide through the 7(a) loan process. Let’s find the right financing solution for you and take concrete steps toward your vision for growth.
Related Products
SBA 504 Loan
Secure long-term, fixed-rate financing to purchase or improve major fixed assets like real estate and equipment.
Traditional Equipment Loans
Power your business growth with flexible financing for essential equipment.
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