SBA 7(a)

The SBA 7(a) loan program is available to meet a variety of business financing needs from working capital and debt refinancing to commercial real estate.

The SBA 7(a) loan program’s use of proceeds:

  • Provides funds for:
    • Tenant Improvement
    • Business Acquisition
    • Working Capital
    • Equipment or machinery purchase
    • Debt refinancing
    • Commercial real estate purchase
  • Offers financing from $500,000 to $5 million.
  • Extends a term for working capital up to 7 years; equipment, machinery and business acquisition up to 10 years; debt refinancing terms depend on the use of proceeds; and commercial real estate up to 25 years.

All businesses that are considered for financing under the SBA 7(a) program must be eligible under the following guidelines:

  • Conduct business for profit.
  • Be able to demonstrate repayment from the business’s cash flow.
  • Collateral requirements are flexible based on availability.

With any small business, financing can be challenging when it comes to finding the right solution.

Banc of California offers attractive financing options with the SBA as our partner, including: