SBA 7(a)
Come experience the Ready Capital difference. We close SBA 7(a) deals that major banks can’t, working with a range of credit scores and financing challenges nationwide.
Overview
As a non-bank, SBA Preferred Lender, Ready Capital provides creative loan solutions to help business owners grow and expand their companies. We think outside of the traditional lending box to close more deals, including the most complex scenarios.
Delivering over $1.6 billion in capital, it’s no surprise that we’re ranked in the top 1% of all SBA 7(a) lenders.
Business operating loans
We provide SBA loans that can be used to help finance the everyday operations of a company as well as plans for future growth, such as:
- Business acquisition and expansion
- Machinery and equipment purchase
- Partner and/or shareholder buy-out
- Refinance existing business debt
- Franchise acquisition
- Working capital
- Startup professional services business
Commercial real estate loans
Business owners may want to consider SBA loans for other purposes, including:
-
Owner Occupied/Utilized >51%*
- Purchase fixed assets (land, buildings, equipment)
- Refinance existing mortgage secured debt
- Ground-up construction and renovation
- Leasehold acquisition and improvements
* Includes retail, manufacturing, industrial, warehouse, professional offices (including office condominiums), hotels, healthcare facilities, car dealerships, auto repair shops, car washes, self-storage, parking garages, special use, multi-use.
SBA 7(a) Highlights
- Loans from $350,000 to $7,000,000*
- Loan terms up to 25 years
- Low borrower equity required
- Wide use of loan proceeds
- Limited/No prepayment penalties
- Closing costs may be financed
* Loans between $5M and $7M financed with Pari Passu loans. Loans under $350,000 financed through our iBusiness technology platform. These loans are made pursuant to the SBA 7(a) Small Balance and Express programs. Loans over $7,000,000 may be funded pursuant to our USDA B&I license. In either case, loan terms vary by loan program, borrower eligibility, loan amount, and other factors.
About Ready Capital
Why an SBA 7(a) loan from Ready Capital
Ready Capital is your trusted partner for small business loans.
Here’s why brokers and business owners think we’re different.
Publicly Traded
Listed on the New York Stock Exchange (NYSE:RC), non-bank, non-depository
SBA Preferred Lender
Ready Capital is among the top 1% of all lenders in the SBA 7(a) Program
Flexible Lending
More flexible lending box delivers more successes
Nationwide Coverage
Lends in all 50 states and has delivered over $1.6B in capital
Systematic Process
Provides fast eligibility screening, prequalification, and term sheets
Rapid Execution
Approval process focused on speed, dependability, and transparency
Dedicated Service
A dedicated Ready Capital representative shepherds each transaction
Regular Outreach
A communication-rich customer experience
Get Started
Apply for a Ready Capital SBA 7(a) loan
Click the appropriate loan amount below to be directed to the application process. It takes less than 3 minutes and will not affect your credit score.