PHARMACY SBA 7(a) LOANS

Longer Repayment Terms

With SBA 7(a) loans, you can choose repayment terms of up to 10 years for general business needs or up to 25 years for real estate purchases. Loans under 15 years come with no prepayment penalties, while longer loans have penalties for prepaying more than 25% within the first three years: 5% in the first year, 3% in the second, and 1% in the third. After three years, you can repay penalty-free, ensuring flexibility.

Competitive Interest Rates

Save on financing with the competitive interest rates of SBA 7(a) loans. Thanks to a government-backed guarantee, we can deliver more affordable rates than typical 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.

Buy a Pharmacy

Acquiring an existing pharmacy with an SBA 7(a) loan allows you to take over a business with an established customer base and supplier relationships. With flexible financing options and low down payments, you can secure ownership while keeping capital available for inventory, staffing, and operational expenses.

Start a Pharmacy

Launching a new pharmacy is a great opportunity to serve your community and build a trusted healthcare business. An SBA 7(a) loan provides financing for leasehold improvements, shelving, pharmaceutical inventory, and working capital to help you open with confidence.

Buy Real Estate – Stop Leasing

Owning your pharmacy location provides long-term stability, eliminates rising lease costs, and helps build equity in your business. An SBA 7(a) loan offers financing for purchasing or renovating a property, giving you full control over your pharmacy’s future.

Open a Second Location

Expanding to a second location allows you to reach more customers and grow your pharmacy business. With an SBA 7(a) loan, you can secure financing for leasing, renovations, inventory, and staffing to successfully scale your operations.

Refinance High-Interest Debt

Lowering your monthly payments with an SBA 7(a) loan can free up cash flow for reinvestment in your pharmacy. Refinancing existing debt allows you to secure better loan terms, reduce costs, and focus on growth and patient care.