SBA 7(a) Small Business Lending FAQ
You may have some questions about the requirements or eligibility restrictions for an SBA 7(a) loan. Or perhaps you’re interested in seeing what industries are — and aren’t — eligible for financing.
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Our SBA 7(a) business loan calculator helps you visualize different amortization schedules depending on the amount, maturity, and interest rate of an SBA loan.
Startups have unique needs when it comes to funding, including research expenses, employees, technology, and advertising expenses. An SBA 7(a) loan can help entrepreneurs get their ventures off the ground.
Buy an existing business with an SBA 7(a) loan. Learn about which businesses qualify and what you can do to enhance your odds of getting the funding you need.
Learn about using the SBA 7(a) loan for different property types, including owner-occupied real estate, land, and business rental properties.
Learn about all of the credit and legal qualifications for getting an SBA 7(a) loan, and how you can increase your chances of getting the loan you need.
Learn how you can use SBA financing in the transport industry, to fund working capital, owner-occupied commercial real estate, equipment purchases, and more.
Here's a detailed description of the terms of the SBA 7(a) loan.
The answer is yes — but not in all cases. Find out how the SBA loan approcal process differs for non-U.S. citizens.
Though most industries are eligible for the SBA 7(a) loan, there are a few that aren't, including gambling businesses, government-owned organizations, lending firms, and nonprofits.
The SBA 7(a) loan can help with the cost of equipment, including machinery, furniture, and fixtures; or smaller, regular expenses like supplies and materials.