The SBA 7(a) loan is the most common type of SBA loan, designed to help small businesses access financing they might not otherwise qualify for. It's particularly popular for commercial real estate purchases because of its favorable terms, including lower down payments (as low as 10%), longer repayment terms (up to 25 years for real estate), and competitive interest rates.

Basic requirements include: operating a for-profit business in the US, having invested equity (time or money) into your business, having exhausted other financing options, demonstrating ability to repay the loan, and having a business purpose that qualifies (such as real estate purchase). Our team will help you determine your eligibility during your free consultation.

SBA 7(a) loans can go up to $5 million. The exact amount you qualify for depends on several factors including your business's financial health, credit history, collateral, and the purpose of the loan. For real estate purchases, we typically see loans ranging from $500,000 to $5 million.

The timeline varies, but typically the SBA 7(a) loan process takes 60-90 days from application to funding. Our expertise in navigating the process and relationships with SBA-preferred lenders often helps expedite this timeline. We'll keep you informed every step of the way.

SBA 7(a) loans can be used to purchase a wide variety of commercial properties including office buildings, retail spaces, warehouses, manufacturing facilities, mixed-use properties, and more. The key requirement is that your business must occupy at least 51% of the property.

SBA loans have various fees including a guarantee fee (based on loan amount and term), packaging fees, and closing costs. These are typically lower than conventional commercial loans. We provide full transparency on all costs during the application process and work to minimize your expenses.

Yes, in many cases, SBA 7(a) loans can offer as little as 0% down payment.

Qualified borrowers may be eligible for up to 100% bank financing by meeting specific criteria. This allows business owners to preserve capital and invest more into growth and operations.

We guide you through the entire SBA loan process from pre-qualification through closing. Our services include eligibility assessment, document preparation, bank matching, application management, and ongoing support. We're compensated through the lending process, so there's typically no upfront cost to you for our consultation and guidance.