SBA 7(a) Lending
The SBA's flagship general-purpose loan program, for owner-users buying real estate, acquiring a business, or financing equipment and working capital.
The SBA 7(a) program is the government's most flexible small business loan, and the one most business owners think of first when they hear “SBA financing.” Unlike the 504 program, a 7(a) loan is a single loan from a single lender (the SBA guarantees a portion of it), which makes it a strong fit for deals that combine several uses — for example, purchasing an owner-occupied building alongside a business acquisition or working capital in one package. Because the SBA's guarantee reduces the lender's risk, borrowers with less real estate equity than a conventional loan would require can still qualify.
Apply Now- General-purpose small business financing
- Real estate, business acquisition, equipment & working capital
- Maximum 90% loan-to-value
- Loans up to $5,000,000
- Single loan, single lender — SBA-guaranteed
- Owner-occupied real estate (business must occupy 51%+)
| Lending Area | Nationwide, with preferred programs for Western states |
|---|---|
| Loan Amount | $1,000,000 and up nationwide; $350,000 and up in California |
| Maximum LTV | Up to 80%, based on risk and in-place cash flow |
| Fixed Rates | Starting at 5.75% and above |
| Amortization | 30-year amortization standard |
| Recourse | Non-recourse options available |
| Prepayment | Ranges from none to yield maintenance or stepdown |
| Underwriting | Starting at a 1.15x debt service coverage ratio |