SBA Loans

SBA Loans
Why SBA Loans Matter
SBA loans are one of the most powerful funding products available for small businesses. They come with longer terms, lower interest rates, and higher approval amounts compared to most alternatives. Loan sizes range from $50K up to $5M+. Timelines vary from 2 weeks for Rapid SBA to 90+ days for larger loans.
Types of SBA Loans
SBA 7(a) Loan
Most popular option for working capital, acquisitions, and refinancing
Rapid SBA Loan
Fast funding under $150K in as little as 2 weeks
SBA Startup Loan
Designed for launching new businesses
SBA Microloan
Small amounts for equipment or inventory
Business Acquisition
Funding to buy an existing business
SBA 504 Loan
Commercial real estate and major fixed assets
SBA 7(a) Loan (Most Popular)
Use
Working capital, acquisitions, refinancing debt, equipment, or real estate.
Amounts
Up to $5M.
Timeline
30–90 days.
Requirements
660+ credit (680 for acquisition).
2+ years in business (unless start-up program).
Strong business & personal tax returns.
Bank statements, P&L, balance sheet.
Debt schedule if existing debt.
Real estate schedule if requesting $500K+.
Rapid SBA Loan (<$150K)
Use
Fast working capital.
Amounts
Up to $150K.
Timeline
Funding in as little as 2 weeks.
Requirements
700+ credit score preferred.
Last 4 months of business bank statements.
Last 2 years personal & business tax returns.
Simple application + driver's license.
SBA Startup Loan
Use
Launching new businesses.
Amounts
Typically $50K–$150K.
Timeline
30–90 days.
Requirements
700+ credit score.
3 years of personal tax returns.
Personal financial statement.
Comprehensive business plan with projections.
Owner resume.
SBA Microloan
Use: Small expansions, equipment, or inventory.
$50K
Maximum Amount
Average loan is around $13K
30-60
Days Timeline
Faster than traditional SBA loans
640+
Credit Score
Preferred minimum score
Requirements
Credit doesn't have to be perfect (640+ preferred).
Collateral or personal guarantee.
Basic business plan.
SBA Business Acquisition Loan
Use
Buying an existing business.
Amounts
Up to $5M.
Timeline
60–120 days.
Requirements
680+ credit score.
Letter of intent (LOI).
P&L and balance sheet for business being acquired.
3 years of business tax returns (acquired business + buyer's personal).
SBA 504 Loan (Commercial Real Estate)
Use: Major fixed assets (real estate, construction, or large equipment).
Amounts
Up to $5.5M.
Timeline
90–120 days.
Requirements
680+ credit score.
2+ years of tax returns (personal & business).
P&L, balance sheet, and down payment (10–20%).
Business must occupy at least 51% of property.
General Eligibility
Credit
660+ (680 for acquisitions, 700 for startups/rapid). Can go as low as 620 if real estate is collateral.
Business
2+ years in operation (except startups).
Additional Requirements
Cash Flow
Must show ability to repay (DSCR test).
Clean Profile
No recent bankruptcies or tax liens.
Business Compliance
Must hold business licenses and insurance.
Positioning for Clients
SBA loans are slower and require more paperwork, but they're the best long-term funding product.
Great for:
Business acquisitions
Purchase existing businesses with favorable terms
Commercial real estate
Secure property for your business operations
Large expansions
Scale your business with significant capital
Commissions can be very high because of loan size.
Action Step
👉 Post in the community: If you qualified for a $500K SBA loan, would you use it for acquisition, real estate, or expansion — and why?
Share your thoughts and learn from other business owners about how they would leverage SBA financing to grow their businesses.