SBA 7(a) Loan Calculator
Calculate SBA 7(a) loan payments for working capital, equipment, and business acquisitions. Estimate monthly costs for the most popular SBA loan program.
Calculate Your SBA 7(a) Loan Payment
$500,000
$50,000$5,000,000
120 months
60 months300 months
7.3%
5.5%10%
10% ($50,000)
10%25%
Requirements for SBA 7(a) Loan Financing
- 2+ years in business
- 680+ credit score
- Positive cash flow
- Adequate collateral
What Can You Use SBA 7(a) Loan Financing For?
Working capital needs
Business acquisition
Equipment purchase
Inventory financing
Debt refinancing
Business expansion
Pros & Cons
Advantages
- +Most flexible SBA loan program
- +Up to $5 million in financing
- +Terms up to 10 years for working capital
- +Terms up to 25 years for real estate
- +Lower rates than conventional loans
Considerations
- -Extensive documentation required
- -30-60 day approval timeline
- -Personal guarantee required
- -SBA guarantee fee
- -Collateral typically required
Frequently Asked Questions
Ready to Get Funded?
Get pre-qualified in 60 seconds with no impact to your credit score.
Start Your ApplicationQuick Facts
Amount Range$50,000 - $5,000,000
Terms Available60 - 300 months
Typical Rates5.5% - 10%
Down Payment10% - 25%
Funding Speed30-60 days
No credit check required
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Industries We Serve
A retail business securing $750,000 for inventory and expansionA service company financing a $1.5M business acquisitionA manufacturer obtaining $400,000 for equipment and working capital