SBA Loans
Small business owners can rely on the SBA for $5M or more in funding for real estate, equipment, and more. Two popular options – the SBA 7a and 504 loans – offer a range of terms to choose from. Interest rates are capped by the SBA and down payments are as low as 10%.
Backed by the U.S. Small Business Administration
Overview
REAL ESTATE
SBA loans can be used to add to your small business’s long-term assets by reducing the upfront cost of buying property. They can also be used to fund buyouts that include a business’s real estate. Loans can also be used to fund owner-occupied construction projects when you want to build instead of buy.
REFINANCING
The SBA’s 7a loan can be used to refinance high-interest debt and free up working capital for your small business. If you can no longer meet the terms of your current loans, refinancing with the SBA can save your credit and lower your loan costs. If you’re a for-profit company based in the United States, ask a broker if you qualify for refinancing.
EQUIPMENT
Long-term equipment is valuable, but costly, especially for small businesses. But to stay competitive, it’s important to bring in the latest tech and machines. That’s why the SBA offers equipment loans with low down payment minimums of 10% to small businesses that qualify. To find out if your business is one of them, contact your broker.
CONSTRUCTION
If you’re buying property to renovate or building new real estate to move into, an SBA loan can give you the funding you need to cover construction costs. As long as you meet the minimum owner-occupation requirements, you can rent out any additional space to generate income. Extra incentives are available for sustainability projects.
Essential Features of SBA Loans
Loan Highlights
With low-interest rates and extended repayment terms, SBA loans offer government-backed financing options to help businesses grow.
Loans are guaranteed by the SBA.
Interest rates are capped at just over Prime.
Flexible and variable rate loans are available.
SBA loans can be used for real estate, equipment, and more.
Your Path to Funding
THREE STEPS TO FUNDING
APPLY ONLINE
Your information helps us to begin loan matching.
SOURCING
We source options for your deal, keeping you informed at all times.
CLOSE AND FUND
We support your deal through the closing and remain in touch after.
Where the journey for funding begins.
Today's financing market is complex. Equity Ridge provides the pathway to funding.
LENDERS IN OUR NETWORK
IN AVAILABLE FUNDS
FASTEST CLOSE
Benefits
SBA loans provide access to affordable financing, offering favorable terms and reduced risks for lenders and borrowers alike.
These loans are ideal for businesses seeking long-term capital solutions with manageable payments.
Easier to qualify for than traditional loans.
Down payments as low as 10%
Combine real estate with working capital funds.
Refinancing lowers your monthly costs.
Things to Keep in Mind
Challenges
While SBA loans offer great benefits, they often require extensive documentation and longer approval times compared to other loan types.
Only for-profit businesses qualify.
Must not have delinquent federal debt.
Not all business types are eligible.
