SBA 7(a) & 504 Loans

Overview

SBA 7(a) and 504 loans are the long game. Use 7(a) for working capital, debt consolidation, partner buyouts, or acquiring a competing shop. Use 504 for the shop, yard, or warehouse you're tired of renting. Terms stretch to 10 years on working capital and 25 years on real estate, which keeps the payment low enough that the business can actually breathe while it grows.

Best Used For

• Buying the building your shop already operates out of
• Acquiring another contractor or buying out a retiring partner
• Refinancing high-cost MCAs and daily-payment debt
• Expanding into a second yard or service territory

How It Works

1. Step 1
   Pre-qualification

   We review two years of returns and financials and tell you straight whether the deal is bankable.

2. Step 2
   Package and submit

   We assemble the full SBA package and place it with lenders who actively fund trades businesses.

3. Step 3
   Close and fund

   Most deals close in 30 to 60 days, real estate slightly longer.

What You'll Need

• 3 years in business with profitable tax returns
• 650+ personal credit score
• Two years of business and personal tax returns
• Year-to-date P&L and balance sheet