SBA 7(a) LIQUOR STORE LOANS
In the liquor retail industry, having the right resources can set you apart from the competition. The SBA 7(a) loan program, is a top financing choice for liquor stores due to its flexibility and accessibility. Whether you're looking to expand your inventory, renovate your space, or invest in marketing strategies, this program provides essential benefits tailored to support your business.
Longer Repayment Terms
Repayment terms for SBA 7(a) loans are flexible, ranging up to 10 years for general business needs and up to 25 years for real estate. You can prepay loans under 15 years without penalties. For longer loans, a prepayment penalty applies for paying off more than 25% in the first three years: 5% in the first year, 3% in the second, and 1% in the third. After this period, you’re free to repay without penalties, offering greater control.
Competitive Interest Rates
Leverage the competitive interest rates of SBA 7(a) loans to cut your financing costs. With a government-backed guarantee reducing our risk, we can offer more attractive rates than traditional business lenders.
Lower Down Payments
The government guaranty also enables small business owners to secure financing with lower down payments compared to traditional business loans, typically up to 20% of the total project cost but in some cases as low as 0%.
Flexible Use of Funds
The SBA 7(a) loan program is widely regarded as a top choice for small businesses due to its unmatched flexibility. Unlike many traditional loans that impose strict limitations, 7(a) loans empower businesses to meet a variety of financial needs, making them versatile for nearly any business purpose or stage of growth.
What Can SBA 7(a) Do for Your Liquor Store?
Our flexible financing solutions allow you to invest in the most critical aspects of your business, whether it's one specific area or several at once:
Purchase an Existing Liquor Store
Acquiring an established liquor store with an SBA 7(a) loan allows you to take over a business with an existing customer base and supplier relationships. With manageable down payments and flexible financing, you can secure ownership while keeping capital available for inventory and operational needs.
Buyout a Partner
Buying out a business partner in your liquor store with an SBA 7(a) loan allows you to gain full ownership without depleting cash reserves. With flexible repayment terms, you can structure the buyout in a way that supports long-term business stability and growth.
Get Working Capital
Having sufficient working capital is crucial for liquor store owners to maintain inventory, manage supplier payments, and cover operating expenses. An SBA 7(a) loan provides flexible funding to help you keep shelves stocked, handle seasonal demand, and invest in business improvements.
Refinance High-Interest Debt
Refinancing high-interest business debt with an SBA 7(a) loan can help liquor store owners lower costs and improve profitability. With government-backed funding, you can secure better loan terms, reduce monthly payments, and reinvest savings into inventory and operations.
Solutions for Every Stage of Your Liquor Store
Our SBA 7(a) loans are designed to support liquor store owners throughout their careers, whether you’re just getting started, expanding your business, or preparing for retirement.