SBA 7(a) Loans

Madison One CUSO helps small businesses finance their future with minimal equity injection, long loan rates, and a government guarantee.

Grow Your Small Business With the SBA 7(a) Program

You’re ready to take your small business to the next level—and you need extra capital to do so. However, you don’t have the collateral to qualify for a conventional loan, and you’re looking for an option with longer loan terms than your standard bank can offer. If it feels like you have exhausted every avenue, Madison One CUSO is here to guide you through the Small Business Administration (SBA) lending process.

The SBA 7(a) loan program allows small businesses to secure loans for qualified expenses when conventional loans aren’t available, and it offers:

Attractive repayment terms
Minimal down payment and collateral options
Up to an 85% government guarantee
Single-digit rates
Fully amortized loans without balloon payments

As a top SBA lender with a team of the most talented and experienced loan professionals in the industry, we’re here to help you take advantage of alternative loan options. Our experts help you make sense of complicated loan requirements, determine which government-guaranteed loan has the best terms for your business, and navigate the application and closing process.

SBA 7(a) Rates and Loan Terms

Loan amount: Up to $5 million
Terms: 7–25 years
Rates: Prime + 1.00–3.00%
Territory: Nationwide
Occupancy: Owner-occupied commercial real estate, business loans

Eligibility Requirements

To be eligible for an SBA 7(a) loan, you must:

Qualify as a for-profit small business (as defined by the SBA) engaged in business in the U.S.
Have reasonable invested equity in your business
Exhaust other loan options
Use personal assets and other resources before applying

Speak With an Expert To Learn More

Schedule Your Loan Consultation Today

An online SBA 7(a) loan calculator can’t give you the same insights as a loan expert with over 10 years of industry experience. In 15 minutes or less, a Madison One expert can determine if you may be eligible for an SBA 7(a) loan from our lending partners. Speak with a team member today to get the process started.

See if I’m Eligible

How Can My Business Use an SBA 7(a) Loan?

To secure an SBA 7(a) loan, business owners must demonstrate that they plan to use the funds for an eligible purpose, such as:

Refinancing existing debt: If existing loan terms are affecting cash flow, businesses may be able to use an SBA 7(a) loan to consolidate debt.
Purchasing real estate: Businesses planning to rent or buy a building or acquire land for business purposes may qualify for an SBA 7(a) loan.
New construction or renovation: SBA funds can be used to build a new business facility or upgrade an existing building.
Working capital: Some businesses may need to borrow funds for payroll, inventory, and other everyday expenses.
Business acquisition or establishment: Prospective or current business owners may be able to borrow funds to establish or acquire a company.
Equipment financing: Businesses may be able to use SBA funds to purchase machinery, furniture, vehicles, or other equipment that is critical to its operations.

If you’re unsure whether or not you could use a small business loan for your current needs, reach out to the Madison One team today.

Explore the Industries We Serve

SBA 7(a) loans are perfect for businesses in nearly any industry. Find yours to see how Madison One can help you solve your most frustrating financial challenges.

Find My Industry

Partner With an Accomplished SBA Lender

After countless loan consultations, denied applications, and long hours spent researching your options, you still haven’t found the funds you need to transform your business. A government-guaranteed loan may be your only viable option left—and Madison One CUSO can help you apply for the type of SBA loan that offers the most attractive terms for your business. We have closed over 200 loans with an average size of $3 million, and we don’t have any restrictions for location or industry.

Our SBA 7(a) loan process is simple for any borrower, whether you have extensive knowledge of the program or are new to the world of business financing. If you think you may be eligible for an SBA loan, all you need to do is give us a call, and we’ll determine whether you may qualify. From there, our team will:

Issue a needs list and help you gather the documents we need to start the application process.
Issue a term sheet outlining the loan details, request amount, and interest rate.
Collect a deposit if you agree to the terms and begin collecting business reports.
Underwrite your loan and submit a credit memo to our credit union partners for approval.
Submit your application to the SBA if your credit memo is approved.
Draw up documentation and close the loan if the SBA agrees to guarantee it.
Offer ongoing support to help you understand your loan terms and secure additional funding if necessary.

Our team walks you through each step and does everything in our power to get your loan approved and closed in the shortest possible time. We use our wealth of experience to minimize roadblocks and set realistic expectations for every borrowing member.

SBA 7(a) Loans

Grow Your Small Business With the SBA 7(a) Program

SBA 7(a) Rates and Loan Terms

Eligibility Requirements

Schedule Your Loan Consultation Today

How Can My Business Use an SBA 7(a) Loan?

Explore the Industries We Serve

Partner With an Accomplished SBA Lender

Contact Our SBA 7(a) Loan Experts Today

Loan Types

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