
Our team can help small businesses like yours get government-sponsored loans.
- You’re expanding a business
- You’re making an acquisition or buying out a partner
- You need flexibility on terms and uses
Loan Features
- Up to $5 million
- Loan terms up to 25 years
- No balloon payments
- Flexible terms and requirements
- Up to 100% financing for rent replacement commercial real estate
Terms
- 10-year maximum for business acquisition with no real estate
- 15-year maximum for machinery and equipment
- 25-year maximum for real estate if 51% or more of the loan is allocated to it
Loan Purpose
Whether you’re a new business owner or looking to expand operations, the proceeds from SBA 7(a) loans can help fund almost any aspect of development:
- Acquire another business
- Purchase owner-user real estate
- Expand a business
- Buy equipment and inventory
- Obtain working capital
- Buyout a partner
Eligibility
- Meet the SBA definition of a small business and use the funds for an eligible and sound business purpose
- Be engaged in, or planning to do business in, the United States
- Operate for profit and demonstrate a need for a loan
- Have reasonable invested equity
- Use alternative financial resources, including personal assets, before seeking financial assistance
- Not be delinquent on any existing debt obligations to the U.S. government