SBA 7(a) BUSINESS EXPANSION LOANS
As your business thrives, the opportunity to expand becomes both exciting and essential. However, growth often requires a significant infusion of capital. Whether you're looking to open a new location, hire more staff, or invest in new equipment, the SBA 7(a) loan offers a reliable, flexible financing solution to help fuel your business expansion.
Benefits of an SBA 7(a) Expansion Loan
The SBA 7(a) loan is designed specifically to support small business growth, offering a range of benefits to help you achieve your expansion goals.
Competitive Rates
Receive a clear, competitive, written, interest rate estimate in less than 5 minutes with our easy SBA 7(a) Loan Estimate.
Favorable Terms
SBA 7(a) loans offer repayment terms up to 25 years for real estate and 10 years for equipment, helping keep monthly payments manageable.
Minimal Down Payments
Often, expansion financing through SBA 7(a) loans require no new equity.
Flexibility
SBA 7(a) loans can be used for a wide variety of business needs, including expanding to new locations, acquiring competitors, or upgrading facilities.
High Loan Limits
Borrow up to $5 million to finance everything from real estate to equipment and working capital.
The Growth Support You Need
Real Estate Acquisition
Purchase a larger facility, buy your current building or open a new location.
Equipment & Inventory
Fund essential purchases without straining cash flow.
Hiring
Secure capital to onboard and train new staff.
Mergers & Acquisitions
Facilitate strategic growth through acquisitions.
Signs You're Ready To Expand
Before taking on a loan, it’s essential to evaluate whether your business is ready for expansion. Some common indicators include: