SBA 7(a) & 504 Loans
Government-backed financing for business owners buying, building, or refinancing the property their business operates from.
Who it’s for.
Business owners who occupy at least half of the property — buying their building instead of renting, or building a new location.
What it can pay for.
- Purchasing the building your business operates from
- Ground-up construction of a business location
- Refinancing existing owner-occupied real estate
What lenders look at.
- Business cash flow
- SBA loans are underwritten on the operating business. Expect to provide business and personal tax returns.
- Owner occupancy
- The business must occupy the majority of the property.
- Time in business
- Established businesses qualify most easily; startups face more requirements.
Documents you’ll usually need.
Not to get started. The analyzer and the quote request need none of this. Once you choose a lender, you upload these through a secure portal with a checklist.
- Business tax returns and financial statements
- Personal tax returns
- Debt schedule
- Purchase contract or construction budget
Questions
SBA 7(a) & 504 questions.
Can I use an SBA loan for an investment property?
No. SBA real estate loans require the business to occupy the property. For investment property, see our DSCR, bridge, and commercial programs.
What's the difference between 7(a) and 504?
Both are SBA programs. A 504 is focused on real estate and equipment with a long fixed-rate portion. A 7(a) is more flexible and can include working capital. We'll match the right one to your deal.
Related programs
Financing for office, retail, industrial, mixed-use, self-storage, and special-purpose properties — purchase, refinance, and repositioning.
Up to 100% loan-to-cost to build new homes, townhomes, and small multifamily, with construction funded in draws as you build.
Let’s find out what you qualify for.
A few minutes online, a real person on the other end, and answers fast. No credit pull, and you owe us nothing unless your loan closes.