The 7a Loan is the SBA’s most popular loan program due to its low interest rates and long terms. Qualifying business owners can get as much as $5 million, and funds can be used for a myriad of purposes, including working capital, debt restructuring, and equipment purchase. Generally, 7a loans are 10 years for equipment and 7 years for working capital.
7a loans are very competitive, and the amount of paperwork can make them daunting. However, our SBA team is known for being able to reach a credit decision in as little as 10 days. Get the funding you need to take your business to the next level with a Sunwest SBA 7a Loan.