SBA Loan Products
Two Programs. One Goal: Best Terms for Your Business.
SBA 7(a) — Standard Loan
Most Flexible Program. Widest Uses. Up to $5 Million.The SBA's primary lending program. The most flexible option — funds can be used for real estate, equipment, working capital, debt refinancing, business acquisition, and more. The SBA guarantees a portion of your loan, reducing lender risk and enabling better terms for you.
$5M
Max Loan
25 yrs
Max Term (RE)
75–85%
SBA Guarantee
- Maximum loan: $5 million. SBA Express: up to $500,000 with faster processing
- Real estate: terms to 25 years. Equipment: to 10 years. Working capital: to 10 years
- Rates: prime + 2.75% to 4.75% — currently approximately 9–11%
- Fixed or variable rate — your choice based on market outlook
- 85% SBA guarantee on loans under $150,000; 75% on loans over $150,000
- Prepayment penalty only if 15+ year term and prepay within first 3 years
SBA 504 Loan
Lowest Fixed Rates. Major Assets. 10% Down.The SBA 504 program provides long-term, fixed-rate financing for major fixed assets — commercial real estate and large equipment. Structure: 50% from a commercial lender, 40% from an SBA-backed Certified Development Company, 10% down from you. Best rates available.
$5M+
Available
Fixed
CDC Rate
10%
Down Payment
- Owner-occupied commercial real estate — 51%+ occupancy required
- Large equipment with useful life of 10+ years
- Terms: 10, 20, or 25 years depending on use of proceeds
- Only 10% down versus 20–30% required for conventional commercial loans
- CDC portion carries fixed rate set by SBA — typically below conventional
SBA 7(a) vs. 504 — Which Is Right for You?
| Feature | SBA 7(a) | SBA 504 |
|---|---|---|
| Max Amount | $5 million | $5.5M+ total project |
| Down Payment | Typically 10–20% | 10% borrower equity |
| Rate Type | Fixed or variable | Fixed on CDC portion |
| Max Term | 25 yrs (real estate) | 25 yrs (real estate) |
| Uses | Real estate, equipment, working capital, acquisition, refi | Major fixed assets only |
| Working Capital | Yes | No |
| Best For | Maximum flexibility | Lowest rate on real estate |
| Speed | Faster, esp. under $350K | Longer — 2 lenders involved |