SBA 7(a) Standard
General purpose up to $5M. Working capital, equipment, refinance, acquisition, real estate.
- Up to $5M
- 10 yrs WC / 25 yrs RE
- Prime + 2.25–4.75%
- 45-90 day timeline
WESTVALVE FINANCIAL • SBA LOANS
SBA Loans for Small Business.
7(a), 504, Express, and Microloan programs — best rates, longest terms, government-backed guarantee. We match you with SBA-approved providers.
No obligation to explore your options. Financing is subject to provider approval and program requirements.
WESTVALVE FINANCIALSBA LOANS
RATES AS LOW AS PRIME + 2.25%
Government-backed capital for growth.
Lowest rates. Longest terms. Highest amounts. We match you with SBA-approved providers who compete for your business.
SBA LOAN PROGRAMS
Four programs. One matches your need.
Every SBA program is different. We help you pick the right one and match you with lenders who specialize in it.
SBA Express
Same uses as 7(a) but faster. 36-hour SBA decision, funding in 7-14 days.
- Up to $500K
- 7 yr revolving / 10-25 yr term
- Prime + 4.5–6.5%
- 36-hour SBA decision
SBA 504 Loan
Real estate & heavy equipment only. 50% bank / 40% CDC / 10% equity.
- Up to $5.5M
- 10, 20, 25 yr fixed
- Fixed, below market
- 60-90 day timeline
SBA Microloan
Startup-friendly. Up to $50K through nonprofit intermediaries.
- Up to $50K
- Up to 6 years
- 8-13% (intermediary sets)
- 30-90 day timeline
PROGRAM COMPARISON
Pick the right SBA program.
| Feature | 7(a) Standard | SBA Express | 504 Loan | Microloan |
|---|---|---|---|---|
| Max Amount | $5M | $500K | $5.5M | $50K |
| Use of Proceeds | General | General | RE & Equipment only | WC, inventory, equipment |
| Max Term | 10 yr WC / 25 yr RE | 7 yr revolving / 10-25 yr | 10, 20, 25 yr | 6 years |
| Rate | Prime + 2.25-4.75% | Prime + 4.5-6.5% | Fixed, below market | 8-13% |
| Timeline | 45-90 days | 36 hrs SBA decision | 60-90 days | 30-90 days |
| Collateral | Required > $350K | Lender policy | Asset is collateral | Varies |
| Best For | General purpose, RE, acquisition | Speed, smaller needs | Owner-occupied RE, heavy equip | Startups, small needs |
REQUIREMENTS AT A GLANCE
What it takes to qualify.
Credit Score
- 7(a) Standard: 680+
- Express: 650-680+
- 504: 680+
- Microloan: 620+
Time in Business
- 7(a)/504: 2+ years
- Express: 1-2+ years
- Microloan: Startup OK
Profitability
- 7(a)/504: Profitable
- Express: Profitable preferred
- Microloan: Path to profit
Personal Guarantee
- All 20%+ owners
- Unlimited guarantee
- Spousal consent (CP states)
DOCUMENTS
What you need to apply.
SBA Forms
- Form 1919 (Borrower Info)
- Form 413 (Personal FS)
- Form 912 (if applicable)
Financials
- 3 yr business tax returns
- 3 yr personal tax returns
- YTD P&L + Balance Sheet
- Debt schedule
Legal
- Articles of Inc/Org
- Operating Agreement/Bylaws
- Business license
- Lease/Deed
Project-Specific
- RE: Contract, appraisal, Phase I
- Equipment: Vendor quote
- Acquisition: Purchase agreement
GET STARTED
Let's find your SBA loan.
Tell us about your business. We'll match you with SBA-approved providers who specialize in your program and industry.
FAQ
Questions about SBA loans.
What credit score do you need for an SBA loan?
Most SBA lenders want 680+ personal credit score. Some go down to 650 with strong business financials. The SBA doesn't set a minimum score — each lender sets their own. Business credit (PayDex, SBSS) also matters. We've seen 650-680 scores approved with strong cash flow and collateral.
What's the difference between SBA 7(a) and 504 loans?
SBA 7(a): general purpose up to $5M, 10-25 year terms, bank lends directly with SBA guarantee. SBA 504: real estate/equipment only up to $5.5M, 10-25 year fixed rates, 50% bank/40% CDC/10% borrower equity. 504 is for fixed assets only; 7(a) is general purpose.
How long does SBA loan approval take?
Standard 7(a): 45-90 days. SBA Express: 36 hours for approval (funding in 7-14 days). 504 loans: 60-90 days. Timeline depends on lender, completeness of application, and loan complexity.
Do I need collateral for an SBA loan?
Collateral required for 7(a) loans over $350K (to extent available). 504 loans: the financed asset is collateral. SBA doesn't decline solely for lack of collateral if cash flow supports repayment. Personal guarantee required from all 20%+ owners regardless.
Can a startup get an SBA loan?
Yes, but harder. SBA Microloan program (up to $50K) is designed for startups. Standard 7(a) requires 2+ years in business typically. Some lenders do 7(a) for startups with strong business plan, industry experience, 20-30% equity injection, and projections. SBA Express may be more accessible.