Learn More About 7A

SBA 7(a) Loan Program

The SBA 7(a) loan program provides a flexible solution for growing businesses to fuel their growth. With a wide range of loan proceeds and loans up to $5 million, the SBA 7(a) loan program might be an excellent option for your business. 


What can you use a 7a loan for?

What can you use a 7a loan for?
  • Purchase inventory
  • Buy a warehouse or office building for your business
  • Become a business owner & buy an existing business
  • Buy out a partner
  • Inventory purchases
  • Business debt refinancing 
  • General working capital 
  • Business expansion

Basic Loan Terms & Benefits

Basic Loan Terms & Benefits

Terms from 10 - 25 years

  • Longer terms than conventional bank loans are favorable for business owners. 

Flexible use of proceeds

  • Growing businesses need access to capital. A wide variety on how you use the loan proceeds gives you great flexibility as you expand your business. 

No prepayment penalties 

  • No prepayment penalties or covenants that come with traditional bank loans makes 7(a) 10-year loans more favorable for business owners.