SBA 7(a)
Government-backed loans with longer terms and lower payments, for established businesses ready to grow.
At a glance
- Backed by
- U.S. Small Business Administration
- Terms
- Long
- Payments
- Lower, monthly
- Best for
- Established businesses
What businesses use it for.
Buy a business or property
Including the building you operate from.
Refinance debt
Swap expensive debt for a longer term.
Working capital
Fund long-term growth.
A good fit if…
- You have been in business 2 years or more
- You can wait a few weeks for the best terms
- You want the lowest monthly payment
- You have tax returns and financials ready
All you need to apply.
$50K+monthly revenue
4recent business bank statements
IDand a voided business check
Questions, answered.
How long does an SBA loan take?
SBA loans take longer than other funding, usually several weeks. Bridge capital can cover you in the meantime.
What documents are needed?
More than other products: tax returns, financial statements and a business plan in some cases. Your specialist will give you the list.
Does Blue Ridge lend SBA loans directly?
Blue Ridge works with a network of funding partners, including SBA lenders, and handles the process with you.
Other ways to fund your business
Let’s get your business moving.
One short application. A Blue Ridge specialist will show you every option that fits.
Apply nowQuestions? Email info@blueridgeadvance.com