We Coach You Through
Every SBA Hurdle.

What is the difference between SBA 7(a) and SBA 504?

SBA 7(a) is the most flexible — it can finance real estate, equipment, working capital, and business acquisition in one loan up to $5M. SBA 504 is specifically for real estate and major equipment with a fixed rate on the SBA portion. For most business acquisitions, 7(a) is the better fit.

Who qualifies for an SBA loan?

SBA loans are for for-profit US businesses that are small by SBA size standards, have reasonable owner equity, and have exhausted other financing options. Owner must be a US citizen or permanent resident. Good personal credit (typically 680+) and industry experience are important.

What is the minimum down payment for SBA loans?

SBA 7(a) and 504 both typically require 10% down for business acquisitions. Some scenarios require 20-30% (new businesses, specialty industries like gas stations for first-time operators).

How long does SBA loan approval take?

SBA loans typically take 60-90 days from application to funding. Preferred SBA lenders can sometimes approve faster (30-45 days). The key is having complete documentation ready from the start — we coach you on exactly what to prepare.

Can I use SBA to buy a gas station?

Yes — gas station acquisitions are one of the most common SBA 7(a) use cases. We specialize in gas station SBA packaging and have direct relationships with lenders who are comfortable with petroleum properties.

Do I need a business plan for an SBA loan?

Yes — a business plan is required for most SBA loan applications, especially for business acquisitions or new businesses. We help you structure a business plan that addresses what lenders look for.