SBA 7a / 504

Tier 1A – SBA Financing (Including Real Estate)

Programs: SBA 504 and SBA 7(a)
SBA 504: Rates as low as 5.86%, up to $5.5M
SBA 7(a): Rates as low as 6.50%, up to $5M
Rates: Based on eligibility, business type, and borrower profile (rates change daily)
Down Payment: Minimum 10%
Occupancy Requirement: Must be at least 51% owner-occupied
Credit Requirement: Minimum 700 FICO

Tier 1B – SBA Business Acquisitions Only

Programs: SBA 7(a) only (SBA 504 not available)
Rates: Prime (7.25%) + spread
Spread: 1.25% – 2.00%, based on eligibility and borrower profile
Credit Requirement: Minimum 700 FICO

Tier 2 – SBA 100% Financing (Including Real Estate)

Maximum Loan Amount: Up to $5,000,000
Occupancy Requirement: Must be at least 51% owner-occupied
Down Payment: $10,000 minimum
Collateral: No real estate collateral required; insurance policy may be pledged
Programs: SBA 7(a) only (SBA 504 not available)
Rate: Prime (7.25%) + 2.00% = 9.25%
Amortization: 25 years
Eligibility: Business acquisition not eligible
Credit Requirement: Minimum 700 FICO

Tier 3 – SBA Startups, Acquisitions, or Franchise Financing

Risk Profile: Higher risk with limited funding sources available
Down Payment: 10% – 20%, based on borrower strength
Franchise Note: Strong franchise brands may qualify for Tier 1A or Tier 1B pricing
Loan Term:

• 25 years if real estate is included
• 10 years for business-only financing