Federal Loan / DebtSBA
SBA 7(a) Small Business Working Capital Loan
Small Business Administration
Max Funding
Up to $5,000,000
Deadline
Rolling
Location
Nationwide (US)
Program Summary & Scope
The SBA 7(a) loan program provides government-backed guarantees for commercial bank loans to growing small businesses. Startups can utilize funds for working capital, equipment expansion, refinance, and strategic acquisitions.
Key Requirements & Eligibility Criteria
- SBA guarantees up to 85% for loans up to $150K and up to 75% for larger loans
- Repayment terms up to 10 years for working capital and 25 years for real estate
- Competitive interest rates capped at SBA maximum spread over prime rate
Eligible Startup Stages
Early StageGrowth / Phase II
Target Industries & Sectors
General TechHardwareAgTechCleanTech