SBA 7(a) · Government-backed

The cheapest money a business can borrow.

Government-backed loans for established businesses — the lowest rates and longest terms in our network. They take longer and ask more of you, and for the right business they are worth every day of the wait.

Typical APR range
6.5–11.5%
Range updated May 19, 2026
Amount
$50K–$5M
Term
10–25 yr
Min credit
680+
Funded in
2–6 weeks
Honest fit

Is this the right tool?

We earn more on some products than others — so the only way you can trust a recommendation is if we tell you when to walk away. Here is exactly who this is, and isn't, for.

A good fit if…
  • You have been in business 2+ years with steady, provable revenue
  • Your personal credit is 680 or higher and you can document income
  • You want the lowest possible rate and a long repayment runway
  • You are funding expansion, a refinance, or a large one-time project
Look elsewhere if…
The real number

What it actually costs.

One worked example, every line shown — including what we earn. No teaser rate, no fine print. Want to run your own numbers? The calculator does it live.

Worked example
$250,000 over 10 years at 9.5% APR
Loan amount$250,000
APR9.5%
Term120 months
Monthly payment$3,235
Total interest$138,200
Emet referral fee (lender-paid)$2,500
Total cost of capital$138,200
How to read this

The referral fee is paid by the lender and shown here only so you can see it — it never changes your rate or payment. The SBA guaranty fee, when it applies, is set by the SBA, not by us.

Run your own numbers in the calculator
What you need

Eligibility & documents.

The honest minimums and the exact paperwork — so you know whether to apply and what to gather before you do.

Minimum requirements
  • 2+ years in business
  • 680+ personal credit (all 20%+ owners)
  • $10K+ average monthly revenue
  • Profitable or break-even on recent returns
  • No bankruptcies in the last 3 years
Documents to gather
  • Driver’s license & voided business check
  • Last 2 years business tax returns
  • Last 2 years personal tax returns
  • Year-to-date P&L and balance sheet
  • Last 6 months business bank statements
  • Business debt schedule
Application → funded
  1. STEP 1
    Apply
    4 minutes
    Soft pull, no impact to your score
  2. STEP 2
    Underwriting
    1–3 weeks
    Document review and SBA processing
  3. STEP 3
    Offer
    Side-by-side terms, every fee disclosed
  4. STEP 4
    Funded
    2–6 weeks
    Wired to your account
Side by side

Compared with the alternatives.

The two products people weigh this against most often. Same numbers as our Rate Library, so the comparison is apples to apples.

SBA 7(a)This page
Government-backed
Term Loan
Fixed installments
Commercial Real Estate
Property-secured
Rate6.5–11.5% APR8.9–24.9% APR6.9–12.5% APR
Amount$50K–$5M$25K–$500K$100K–$10M
Funded in2–6 weeks1–3 days3–8 weeks
Best forLowest rate, big projectsPredictable lump sumBuying property
Apply now →View TermView Commercial
Straight answers

Questions, answered.

What credit score do I actually need?

Most SBA 7(a) approvals in our network sit at 680 or higher across every owner with a 20%+ stake. Below that, a term loan or equipment financing is usually the faster route — and we’ll tell you so during the quick check.

How long does SBA funding really take?

Two to six weeks, end to end. The application is four minutes; the wait is underwriting and SBA processing. If you need money this week, this is the wrong product and we’ll point you to one that funds in days.

Will I have to sign a personal guarantee?

Yes. The SBA requires a personal guarantee from every owner holding 20% or more. Loans over $25,000 are typically also secured by business — and sometimes personal — collateral.

What does Emet earn on an SBA loan?

A referral fee of 1.0–2.5%, paid by the lender — not added to your rate or payment. You’ll see the exact figure on every offer before you accept anything.

Can I pay it off early?

Loans with terms under 15 years have no prepayment penalty. Loans of 15 years or longer carry a declining penalty in the first three years only.

Four minutes · one soft pull

See your real rate today.

Answer seven questions and we’ll shop 40+ lenders for you — side-by-side offers, every fee disclosed, our cut shown. No hard pull until you accept.

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