Loan Programs
SBA 7(a) Loans
The most versatile government-backed loan. Up to $5M with SBA guarantees of up to 85% — used for working capital, equipment, real estate, and acquisitions.
$5M
Max Loan Amount
Up to 85%
SBA Guarantee
7–25 yrs
Term Length
10–20%
Down Payment
Who Qualifies
- For-profit business operating in the United States
- Meets SBA size standards for your industry
- Demonstrates ability to repay from business cash flow
- Has invested equity in the business
- Cannot obtain credit on reasonable terms from non-government sources
Common Uses
How LenderMatch Helps
Our matching engine identifies SBA Preferred Lenders with active 7(a) portfolios in your industry and geography. We analyze call report data to find lenders already making loans like yours — so your application goes to the institutions most likely to say yes.
Frequently Asked Questions
How long does SBA 7(a) approval take?
SBA Preferred Lenders can approve and fund in as little as 30–60 days. Standard SBA loans may take 60–90 days. LenderMatch routes your application to Preferred Lenders first to maximize speed.
What credit score do I need for an SBA 7(a) loan?
Most SBA lenders look for a minimum personal credit score of 650–680. Scores above 700 open up better rates and larger amounts. LenderMatch matches you with lenders based on your actual profile.
Can I use an SBA 7(a) loan to buy a business?
Yes. SBA 7(a) is one of the most popular programs for business acquisitions. Loans up to $5M can cover the purchase price, working capital, and transaction costs.
Is there a prepayment penalty?
SBA 7(a) loans with maturities of 15 years or more may carry a prepayment fee for the first three years. Shorter-term loans typically have no prepayment penalty.
What collateral is required?
The SBA requires lenders to take available collateral, but a lack of collateral alone won't disqualify you. Personal guarantees are standard for owners with 20%+ ownership.
Related Programs
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