SBA 7(a) Loan Program

The SBA 7(a) Loan Program is SBA’s flagship program. This program allows eligible borrowers to receive a longer maturity, which reduces loan payments and increases cash flow.

Key features of the 7(a) loan program include:

  • Maximum loan terms up to 25 years
  • Maximum loan amount up to $5,000,000
  • Guaranty: 75% to 85%
  • Loan proceeds may be used for:
         Working Capital
         Fixtures & Furniture
         Machinery & Equipment
         Purchase of land and/or building
         Construction/Renovation
         Business Acquisition
         Debt Refinance