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SBA 7(a) Loans
The 7(a) Loan Program, SBA’s most common loan program, includes financial help for small businesses with special requirements. This is the best option when real estate is part of a business purchase, but it can also be used for: Short and long-term working capital
Refinance current business debt; Purchase furniture, fixtures, and supplies. The maximum loan amount for a 7(a) loan is $5 million. Key eligibility factors are based on what the business does to receive its income, its credit history, and where the business operates. Your lender will help you figure out which type of loan is best suited for your needs.
The 7(a) loan program is SBA's primary program for helping start-up and existing small businesses, with financing guaranteed for a variety of general business purposes
Provider: | Small Business Administration |
Website: | https://www.sba.gov/funding-programs/loans/7a-loans |
Eligibility: | Non-Governmental Organization, State, Local, Tribal, or Territorial Government |
Timeframe: | Intermediate |
Financial Resource Type: | Loan |
Please directly consult the provider of a potential resource for current program information and to verify the applicability and requirements of a particular program.