SBA 7(a)

New look, same RBAC! Read about our rebrand here.

Community Advantage

The swiss-army knife of small business funding, bringing versatility when your business needs options.

Apply Today

Need financial fuel for your next move? SBA 7(a) Community Advantage loans cover it all

View 504 Rates

Funding from $25,000 to $350,000

Approval in as fast as 3 weeks

Competitive interest rates

Terms up to 25 years

What can I use an SBA 7(a) loan for?

SBA 7(a) can fund most business expenses for established businesses, new businesses and start ups

Debt refinancing

Improve cash flow by refinancing existing qualified debt at better rates and terms.

Working capital

Keep your operations humming with funding for day-to-day expenses.

Inventory purchases

Stock up on materials or merchandise to drive growth.

New initiatives

Launch value-added products or expand your offerings

Equipment purchases

Invest in new technology or equipment to help you work smarter.

Improvements to your space

Create your dream business location, whether you rent or own.

Business acquisitions

Buy a business that complements your work experience and goals.

‍

SBA 504 is the ultimate team effort

Typical SBA 504 loan structure

‍

‍SBA 504 loans work a bit different, in a way that we like to think of as a team effort. A commercial bank, RBAC, and you all bring funds to the table to make your project happen. Don't have a banking relationship yet? No worries—we work with great partners and can make an introduction.

10%

You contribute as little as 10% down (start ups and special cases may require a higher down payment)

40%

RBAC provides an SBA 504 loan for 40% of your project costs

50%

Your bank provides 50% to complete the financing

Do I qualify for SBA 7(a)?

The answer to whether you qualify for 7(a)? We figure that out on a case-by-case basis—contact us if you're interested. Here are some good-to-knows upfront:

Business type & purpose

You must be a for-profit small business. Nonprofits are not eligible.

Use of funds

SBA 7(a) loans can be used for almost any business purpose, including working capital, inventory, supplies, furniture, fixtures, or equipment, real estate purchases, and paying existing debts. However, funds cannot be used for personal expenses.

Credit and character

Credit score requirements are generally more flexible than banks, but you must show creditworthiness and the ability to repay your loan.

If you’ve had a past bankruptcy or have poor credit, but have a strong explanation (such as an illness or divorce), you may still be eligible for a loan.

Business stage

Startups and existing businesses are eligible, but startups will be required to show a business plan and financial projections and evidence of industry experience.

‍

Other good-to-knows

Personal guarantees are required from all owners of 20% or more of the business.

Collateral is required, if it is available.

Every person at RBAC is not only knowledgeable on SBA loan programs, but each person also gives every party to the transaction quick, personal and thorough attention to every detail. The RBAC team is like no other and should be trusted with every small business’s financing needs.

Nicole Perdoni

Esq., Hill Wallack LLP

At RBAC, everything runs very smoothly; everybody knows their job to do. They're recognized as a top SBA lender and have a very good reputation within the banking communities.

John Burke

Coastal Commercial Group

My businesses are located in small, low-income areas where few banks were able to help, but RBAC believed in me from the beginning, eased my concerns, and supported my success every step of the way.

Tiffany Caldarise

Owner, Rooster’s Roundup LLC

RBAC has the same synergy as we do. They have a similar personality, a similar work environment and culture. That’s what drew us to RBAC. It’s a perfect fit.

Yankie Markowitz

SBA Loan Group

They have very, very nice people in the office. They’re here to help make things work. I’ve never seen a company like them.

Solomon Wieder

Owner, The Honest Baking Company

I truly value that RBAC is in the relationship business, not just the lending business.

Mia Harris

Owner, Belliard’s Salon and Spa

I love the people at RBAC. They guided me through the process very well, and I love the whole program and how it works.

Russell D’Anton

Owner, B2 Bistro

Working with RBAC’s business advisory services program gave me the confidence, coaching, and financial tools to transform my spa into a thriving holistic med spa.

Mia Harris

Owner, Belliard’s Salon and Spa

Working with RBAC is great, because they have the expertise and knowledge to quickly identify viable transactions and execute on them efficiently for the best overall outcomes for the bank and the client’s sake.

Josh Donovan

Senior Vice President, Bank of America

It's time to make your business goals happen

Apply for a Loan

Need financial fuel for your next move? SBA 7(a) Community Advantage loans cover it all

What can I use an SBA 7(a) loan for?

Debt refinancing

Working capital

Inventory purchases

New initiatives

Equipment purchases

Improvements to your space

Business acquisitions

SBA 504 is the ultimate team effort

Do I qualify for SBA 7(a)?

It's time to make your business goals happen

Sign up for monthly emails