Steps to Obtain an SBA 7(a) Loan
If you haven’t already done so, please complete this brief eligibility check to see if you're a potential fit for one of our loan programs. This will allow us to get a better understanding of your financing needs and to assess if you’re potentially eligible. We will then share basic information about your business with our community of partner lenders who may reach out.
In the meantime, here are additional steps you can take on your own:
The first step you should take is to connect with a lender about your financing needs. We suggest reaching out to a bank that you currently have accounts with, such as a checking or loan account (personal or business). You can let them know that you’ve completed our brief eligibility check and that you may qualify for this type of financing.
If you don’t currently work with a business banker, click here to learn more about tips for finding the right banking partner.
Whether or not the bank you’ve reached out to facilitates 7(a) loans, it’s possible they can still partner with us. We’ve created a downloadable guide that you can easily share with your lender about SBA 7(a) loans and next steps for how they can begin working with us. Simply click the button below and either email them the URL or download and print to bring along for your next visit.
About SBA 7(a) Loans:
The SBA 7(a) loan program is a government guaranteed program facilitated by a lending institution, like a bank or credit union. Our sister company, B:Side Capital, works alongside banks as a back-office service provider to help lenders process this government guaranteed loan. Essentially, we fulfill our mission by making it easier for banks or credit unions to offer SBA 7(a) loans as a financing option that they otherwise wouldn’t be able to access.