SBA 7(a) loans
The SBA 7(a) program is the most flexible SBA loan. It can finance a business purchase, an owner-occupied building, equipment, working capital, or a combination, with longer terms than most conventional business loans.
At a glance
| Maximum loan | $5 million (SBA program limit) |
|---|---|
| Uses | Business acquisition, partner buyout, owner-occupied real estate, equipment, working capital, eligible debt refinance |
| Terms | Up to 25 years for real estate; shorter for equipment and working capital |
| Equity injection | Generally at least 10% for start-ups and business acquisitions |
| Ownership | Under SBA rules effective October 1, 2026, all owners and required guarantors must be U.S. citizens or U.S. nationals whose principal residence is in the U.S. |
| Who decides | SBA loans are made by SBA-approved lenders and guaranteed in part by the SBA. Eligibility is set by SBA rules |
Is 7(a) right for you?
- You're buying a business, or buying out a partner
- Your business will occupy at least 51% of a building you're buying (60% for new construction)
- You want a longer term to keep the payment manageable
- Your business is for-profit, operates in the U.S., and meets SBA size standards
What's usually not eligible
- Passive real estate investment (buildings you rent out to unrelated tenants)
- Lending, speculation, and certain other business types on SBA's ineligible list
For investment property, see our property purchase and DSCR / no-doc options instead.
No rates are quoted on this site. Terms depend on the property or business, documentation option, experience and market conditions. We'll give you real numbers after reviewing your application.
Questions about SBA 7(a) loans
What is the maximum SBA 7(a) loan?
$5 million. A business can also have up to $5 million in 504 debenture exposure at the same time under current rules.
Can I use an SBA 7(a) loan to buy rental property?
No. SBA loans are for operating businesses. Passive real estate investment is not eligible. For income property, a conventional commercial or DSCR loan is usually the right tool.
How long does an SBA 7(a) loan take?
Most close in roughly 45 to 90 days once a complete package is in. Acquisitions with a business valuation and real estate appraisal tend to take longer. Complete documents up front shorten it.
Who is eligible for SBA 7(a)?
For-profit U.S. businesses that meet SBA size standards, can show the ability to repay, and whose owners meet SBA's character and citizenship rules. We'll screen these with you before you spend money on reports.
Other programs
Tell us about your project.
About 15 minutes. No Social Security number or bank account numbers. Saves as you go.