SBA 7(A) Loan

Flexible SBA-Backed Financing for Small Businesses

The SBA 7(a) Loan Program is one of the most widely used financing programs available to small businesses.

At Terrell Capital Referral, we help business owners identify and pursue SBA 7(a) financing through participating lenders for acquisitions, expansion, working capital, commercial real estate, equipment, and other qualified business purposes.

TCR does not lend directly. We work with lending partners to help position qualified borrowers for the appropriate capital solution.

FINANCING FOR BUSINESS GROWTH

An SBA 7(a) loan can provide capital for a variety of business needs, including:

  • Business acquisitions
  • Commercial real estate
  • Working capital
  • Business expansion
  • Equipment and machinery
  • Furniture, fixtures and supplies
  • Leasehold improvements
  • Refinancing certain existing business debt
  • Complete or partial changes of ownership
  • Multiple-purpose financing

SBA 7(a) loans can provide up to $5 million, subject to SBA program requirements and lender underwriting.

WHY CONSIDER AN SBA 7(a) LOAN?

For qualifying businesses, SBA-backed financing may provide access to capital with longer repayment periods and financing structures designed specifically for small businesses.

Depending on the purpose of the loan, SBA generally permits terms of up to 10 years, while financing involving real estate may qualify for terms of up to 25 years.

Interest rates are negotiated between the borrower and participating lender and are subject to SBA maximums.

SBA 7(a) AT A GLANCE

Loan Amount
Up to $5 Million

Business Uses
Acquisition • Expansion • Working Capital • Real Estate • Equipment • Debt Refinancing

Repayment Terms
Generally up to 10 years, with longer terms available for qualifying real estate financing

SBA Guarantee
Generally up to 85% on loans of $150,000 or less and up to 75% above $150,000

Loan Structure
Fixed or variable rate options may be available through participating lenders

Credit Decision
Made through the participating SBA lender

BUSINESS ACQUISITION

An SBA 7(a) loan may be used to finance the purchase of an existing business or a partial ownership interest in a business.

This can make SBA financing an important option for entrepreneurs looking to acquire an established company and for existing owners planning a transition or ownership change.

WORKING CAPITAL & EXPANSION

Growing companies often need capital before the additional revenue arrives.

SBA 7(a) financing may be used for short- and long-term working capital, expansion, inventory, equipment, and other qualified business needs.

COMMERCIAL REAL ESTATE

Qualified businesses may use SBA 7(a) financing to acquire, refinance, improve, or expand commercial real estate and business facilities.

For real-estate-related financing, longer repayment periods may be available, depending on the transaction and lender requirements.

WHO MAY QUALIFY?

Generally, an SBA 7(a) applicant must:

  • Operate a for-profit business
  • Operate in the United States
  • Meet applicable SBA size requirements
  • Have an eligible business purpose
  • Demonstrate creditworthiness
  • Demonstrate a reasonable ability to repay
  • Be unable to obtain the desired credit on reasonable terms from non-government sources

Final eligibility and credit approval are determined by the SBA program requirements and participating lender.

THE TCR APPROACH

More Than Finding a Loan.

At Terrell Capital Referral, we begin by understanding the business behind the request.

We look at the purpose of the capital, financial position, operating history, ownership, existing debt, collateral, cash flow, and growth objectives before determining which financing channel may be appropriate.

Our role is to help organize the opportunity and connect qualified borrowers with appropriate capital sources.

The objective is simple:

Understand the business.

Structure the request.

Identify the appropriate capital source.

READY TO EXPLORE SBA FINANCING?

If your business is seeking capital for an acquisition, expansion, working capital, commercial real estate, equipment, or another qualified purpose, let’s start with the fundamentals.

Tell us about your business, your financing objective, and the amount of capital you are seeking.

All financing is subject to lender underwriting, SBA eligibility requirements, documentation, credit approval, and applicable program guidelines. Terrell Capital Referral does not guarantee approval or funding.