The U.S. Small Business Administration guarantees loans made by participating lenders. The two most common programs are SBA 7(a), a flexible loan that can fund real estate, business acquisition, equipment, working capital, and refinancing, and SBA 504, which is focused on owner-occupied real estate and major fixed assets, structured with a lender and a Certified Development Company.
SBA loans are generally for operating businesses that occupy the property they finance. I review each request personally and then with one of NEXA Lending's in-house commercial lenders to see whether an SBA program or a conventional loan is the better fit.
Guide: How Does an SBA 504 Loan Work?
Common uses
- Buying the building your business operates from
- Acquiring an existing business
- Equipment and machinery
- Working capital
- Refinancing eligible business debt
What lenders typically review
- Business financial statements and tax returns
- Owner-occupancy of the real estate
- Owner credit and industry experience
- Business plan or projections for acquisitions and startups
- SBA eligibility and size standards
How I work your sba loans request
Here's how I work on every request. You send the basics: property or business, location, amount, and purpose. I personally review the scenario and ask whatever follow-up questions are needed to understand it properly. Then I review it with one of NEXA Lending's in-house commercial lenders, and together we look at realistic options. NEXA Lending provides access to a large network of commercial lenders, so the search isn't limited to a single bank's appetite.
You'll get a straight answer on what looks workable and what doesn't. If we move forward, I stay involved and work with the in-house lender and with you through closing. There is no cost or obligation to submit a scenario, and nothing on this page is an offer or a commitment to lend. Pricing and terms depend on the property, the borrower, and the market at the time.
Questions about sba loans financing
What's the difference between 7(a) and 504?
7(a) is broader and can cover many business purposes. 504 is designed for owner-occupied real estate and long-term fixed assets. The right choice depends on what you're financing.
Can an investor use SBA financing for a rental property?
Generally no. SBA programs are for operating businesses, and real estate typically must be majority owner-occupied.
Nationwide lending, local office
We finance commercial deals nationwide, in states where NEXA Lending can legally fund. My office is in Kirkland, Washington, and I also work closely with borrowers across Washington, including Bellevue, Kirkland, Everett, Tri-Cities. Send the details and I'll confirm how your state and property fit.
Submit your deal
Send the basics and I'll review them personally. No cost or obligation.
