SBA 7(a) Loans and Microloans for Dallas Businesses

Government-Backed Financing for Small Businesses

SBA loans offer some of the most favorable terms available for small business financing. Through our partner network, we connect Dallas businesses with SBA 7(a) loans up to $5 million and SBA Microloans for smaller funding needs.

While the approval process takes longer than our direct lending products (typically weeks to months), the trade-off is significantly lower rates and terms extending from 10 to 25 years. This makes SBA loans ideal for major expansions, real estate purchases, or large equipment acquisitions.

Types of SBA Loans We Facilitate

SBA 7(a) Loans

The most common SBA loan type, 7(a) loans can be used for:

• Working capital
• Equipment purchases
• Real estate acquisition
• Business acquisition
• Debt refinancing

Loan Details:

• Amount: Up to $5 million
• Terms: 10 years (working capital), 25 years (real estate)
• Rates: Prime + 2.25% to 4.75% (variable) or fixed rates available
• Down Payment: Typically 10-20%

SBA Microloans

Designed for smaller funding needs and newer businesses:

• Amount: Up to $50,000
• Terms: Up to 6 years
• Best For: Startups, inventory, supplies, equipment
• Provided Through: SBA-approved intermediary lenders

SBA Loan Advantages

Lower Interest Rates

SBA loans typically offer rates 2-4% lower than conventional business loans because the government guarantees a portion of the loan, reducing lender risk.

Longer Repayment Terms

With terms up to 25 years for real estate, SBA loans offer significantly lower monthly payments compared to traditional financing options.

Lower Down Payments

SBA loans often require lower down payments (10-20%) compared to conventional loans that may require 25-30%.

No Balloon Payments

SBA loans are fully amortized, meaning you won’t face a large balloon payment at the end of the term.

SBA Loan Requirements

SBA loans have stricter requirements than alternative lending options. For a comprehensive checklist, see our SBA loan requirements guide.

Eligibility Criteria

• For-profit business operating in the United States
• “Small” by SBA standards (varies by industry, generally fewer than 500 employees)
• Owner investment required (you must have equity in the business)
• Exhausted other financing options (SBA is a “lender of last resort”)

Documentation Required

• Business and personal tax returns (2-3 years)
• Business financial statements
• Personal financial statement
• Business plan
• Debt schedule
• Collateral documentation

Credit Requirements

• Personal credit score: Generally 680+ preferred
• No recent bankruptcies or foreclosures
• Good payment history on existing debt

SBA Loan Process Timeline

Unlike our fast working capital products, SBA loans require more time:

1. Application (1-2 weeks) - Gather documents, complete SBA forms
2. Lender Review (2-4 weeks) - Financial analysis and underwriting
3. SBA Approval (1-3 weeks) - SBA reviews and authorizes guarantee
4. Closing (1-2 weeks) - Final documents and funding

Total Timeline: 4-12 weeks typically

SBA Loans vs. Alternative Financing

See our detailed comparison of SBA loans vs. alternative lending for help deciding which option is right for your situation.

When SBA Loans Make Sense

SBA loans are ideal when you:

• Have time to wait for approval
• Need a large amount ($100K+) for a major investment
• Want lowest possible rates and longest terms
• Have strong credit and business financials
• Need real estate financing

When to Consider Alternative Financing

You may prefer our working capital or equipment financing when you:

• Need funds within days, not months
• Have lower credit scores or less documentation
• Need a smaller amount for shorter-term needs
• Value speed and simplicity over lowest rates

Our SBA Partner Network

We work with SBA-approved lenders across the Dallas-Fort Worth area. Our role is to:

• Evaluate your eligibility for SBA programs
• Prepare your application package
• Connect you with appropriate SBA lenders
• Guide you through the approval process
• Offer alternative financing if SBA isn’t the right fit

Ready to explore SBA financing? Contact us for a free consultation to determine if you qualify and which program best fits your needs.