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The SBA's most common loan program offering up to $5 million for working capital, equipment, real estate, acquisitions, partner buyouts, and debt refinancing.
An SBA 7(a) loan is right for you if you are a small business owner who needs up to $5 million for working capital, equipment, commercial real estate, business acquisition, or debt refinancing. SBA-backed guarantees mean lower down payments and longer terms than conventional business loans. Under SBA Standard Operating Procedure 50 10, the program provides government-guaranteed financing with down payments as low as 10% and repayment terms up to 25 years for real estate or 10 years for working capital. You will need a minimum credit score of 680, and your business must meet SBA size standards, generally fewer than 500 employees or under $7.5 million in revenue. A guarantee fee of 0 to 3.75% applies based on loan amount and maturity. Compared to conventional commercial loans requiring 20 to 30% down with shorter terms, SBA 7(a) reduces upfront costs and monthly payments significantly. Choose SBA 7(a) for versatile capital when your business demonstrates sufficient cash flow to repay.
Min Credit Score
680+
Min Down Payment
10%
Max LTV
90%
Max DTI
N/A (business cash flow analysis used)
Loan Limits
Up to $5,000,000 (per SBA Standard Operating Procedure 50 10)
PMI / MIP
SBA guarantee fee: 0-3.75% depending on loan amount and maturity
Occupancy
Business use
We review your business financials, credit profile, and loan purpose to determine SBA eligibility and identify the right 7(a) program. We provide a preliminary term sheet outlining expected terms.
Submit SBA Form 1919, business tax returns (3 years), personal tax returns, business financial statements, a business plan, and collateral documentation.
The lender underwrites the loan and submits to the SBA for guaranty approval. The SBA reviews and issues an authorization letter. This process typically takes 30-60 days.
Complete loan closing with SBA-required documentation, fund the SBA guarantee fee, and receive your capital. Funds are typically available within a few days of closing.
This information is not intended to be an indication of loan qualification, loan approval or commitment to lend. Rates, terms, and availability of programs are subject to change without notice.
NetCORE Lending™ is headquartered in Diamond Bar and has been helping borrowers across the San Gabriel Valley secure sba 7(a) financing since 2015. We serve homebuyers and homeowners in Pomona, Walnut, Rowland Heights, West Covina, Chino Hills, Covina, La Verne, Glendora, San Dimas, Hacienda Heights, and City of Industry — as well as borrowers throughout California.
As a local mortgage broker, we understand the San Gabriel Valley real estate market — from the higher-value properties in Chino Hills and Diamond Bar to the more affordable options in Pomona and West Covina. Our team provides bilingual service in English and Vietnamese and shops 100+ wholesale lenders to find you the lowest available rate on your sba 7(a) loan.
Call (714) 399-6361 to discuss sba 7(a) options with a local loan advisor, or get pre-qualified online in 2 minutes.
Explore other loan products that might be a good fit for your needs.
Long-term, fixed-rate financing for major fixed assets like commercial real estate, heavy equipment, and construction or renovation projects.
Faster SBA financing with loan amounts up to $500,000 and expedited turnaround. Available as term loans or revolving lines of credit for businesses needing quick access to capital.
Small loans up to $50,000 for startups and small businesses. Ideal for working capital, inventory, supplies, and equipment. Often paired with business training and technical assistance.
Apply online in minutes or call us to speak with a loan advisor about your SBA 7(a) options.
Official Sources
This information is not intended to be an indication of loan qualification, loan approval or commitment to lend. Rates, terms, and availability of programs are subject to change without notice.
NetCORE Lending™ helps connect you with SBA-approved lenders. The U.S. Small Business Administration (SBA) does not directly lend money to small businesses. SBA loans are provided by participating lenders with a government guarantee that reduces the lender's risk.
Reviewed by Joann Ton, Loan Officer (NMLS# 1461031) | Last updated: June 2026
These FAQs are generated with AI assistance and reviewed periodically. For personalized advice about your specific situation, please call us or apply online.