Financing Program
SBA 7(a) & 504 Loans & Rates
SBA 7(a) and 504 loans offer the lowest long-term cost of capital for qualified owner-operated businesses. We structure your application the way lenders and the SBA expect — improving approval outcomes and preserving your equity.
Loan Range
$150,000 – $5,500,000
Term Range
10 – 25 years
Structure
Government-backed financing for owner-operated businesses
What It's Used For
Common Use Cases
Purchase or expand an owner-operated business
Acquire commercial real estate with owner-occupancy
Refinance high-cost existing business debt
Finance a business acquisition or partner buyout
Fund franchise startup or multi-unit expansion
Program Details
Key Features
SBA 7(a) loans up to $5 million
SBA 504 for real estate and heavy equipment, up to $5M in SBA debenture ($5.5M for manufacturing and energy projects)
Terms up to 25 years for real estate, 10 years for working capital
7(a) loans can carry fixed or variable rates (variable rates are based on WSJ Prime); the 504 CDC portion is fixed
Lower down payment requirements than conventional loans
Eligible for acquisition, expansion, and refinance
How It Works
How This Financing Is Structured
SBA 7(a) loans are partially guaranteed by the federal government, allowing lenders to extend credit to businesses that wouldn't qualify conventionally. SBA 504 loans split financing between a bank (50%) and a Certified Development Company (40%) with a 10% equity injection. Terms extend to 25 years for real estate. Ready to move forward? Apply for an SBA loan online and we'll match you to the right program.
Fit Assessment
Is This the Right Program?
✓ This program IS a good fit when:
- →Businesses that can't qualify for conventional financing
- →Acquisitions requiring longer amortization periods
- →Startups with strong projections but limited history
- →Owner-occupied real estate purchases
✗ This program is NOT the right fit when:
- ✗Businesses in ineligible SBA industries
- ✗Borrowers who need funding in under 30 days
- ✗Companies with unresolved federal tax debt
- ✗Real estate investors buying non-owner-occupied property
Common Questions
Frequently Asked Questions
How long does an SBA loan take to close?
SBA 7(a) loans typically close in 30–90 days depending on lender, loan size, and documentation completeness. SBA Express loans can close faster but have lower guarantee percentages.
What credit score do I need for an SBA loan?
Most SBA lenders look for a personal credit score of 650 or above, though some programs have flexibility. Business credit history and overall financial profile matter equally.
Can I use an SBA loan to buy a business?
Yes. SBA 7(a) loans are commonly used for business acquisitions and include goodwill in the financing, which conventional lenders typically won't fund.
Keep Exploring
Related Programs
Ready to Move Forward
Check SBA Eligibility
No cost. No obligation. A direct conversation about whether this program fits your deal.