SBA Loan Calculator

SBA loans offer some of the best terms available for small business owners looking to purchase commercial real estate or acquire existing businesses. With government backing, these loans provide lower down payments and longer repayment terms than conventional financing.

Key Benefits of SBA Loans

• Lower Down Payments: As little as 10% down compared to 20-30% for conventional loans
• Longer Terms: Up to 25 years for real estate, reducing monthly payments
• Fixed or Variable Rates: Options to fit your business needs
• No Prepayment Penalties: Pay off your loan early without fees
• Build Business Credit: Establish strong credit history for future growth

Common Uses for SBA Loans

SBA loans are versatile financing tools that can be used for various business purposes:

• Purchasing owner-occupied commercial real estate
• Acquiring existing businesses
• Buying equipment and machinery
• Refinancing business debt
• Working capital and inventory
• Business expansion and renovations

SBA Loan Programs Explained

SBA 7(a) Loans

The most popular SBA loan program, 7(a) loans are versatile and can be used for almost any business purpose. With loan amounts up to $5 million and terms up to 25 years for real estate, they're ideal for business acquisitions and property purchases.

SBA 504 Loans

Specifically designed for real estate and equipment purchases, 504 loans offer fixed rates and require only 10% down. The unique structure involves a conventional bank loan for 50%, an SBA debenture for 40%, and your 10% down payment.

SBA Microloans

For smaller financing needs up to $50,000, microloans provide quick access to capital for startups and small businesses. These are perfect for working capital, inventory, or small equipment purchases.