SBA Loans Michigan: Express, 7(a) & 504 Financing | $10K-$20M+ Business Loans

Quick Overview - What We Offer

SBA loans provide established businesses with long-term, government-backed financing for real estate purchases, equipment investments, business acquisitions, and working capital. LVRG Business Funding facilitates three SBA loan programs, each designed for different business needs and timelines.

SBA Express Loans - Fast-Track Financing

Loan Amount: $10,000 to $350,000
Approval Timeline: 10-15 business days
Repayment Terms: Up to 10 years
Current Rates: 9.25% - 10.75% variable
Best For: Equipment purchases, working capital, business acquisitions under $350K, debt consolidation, time-sensitive opportunities

SBA 7(a) Loans - Maximum Flexibility

Loan Amount: $150,000 to $5,000,000+
Approval Timeline: 30-45 business days
Repayment Terms: Up to 10 years (equipment/working capital), up to 25 years (real estate)
Current Rates: 9.5% - 11.5% variable (fixed rates available under $350K)
Best For: Commercial real estate, large equipment purchases, business acquisitions, multi-purpose financing combining real estate + equipment + working capital

SBA 504 Loans - Fixed-Rate Real Estate Financing

Loan Amount: Up to $5,500,000 SBA portion (total project financing unlimited)
Approval Timeline: 45-75 business days
Repayment Terms: 20-25 years fully amortized
Current Rates: 10% - 12% fixed for life of loan
Best For: Owner-occupied commercial real estate purchases, major equipment, green energy projects requiring long-term rate certainty

Basic Qualification Requirements

Business: Minimum 2 years in operation • $250,000+ annual revenue ($500,000+ preferred for 7(a) and 504)
Credit: 650+ personal credit score for all owners with 20%+ equity (680+ preferred)
Cash Flow: Sufficient business cash flow to service existing debt plus new loan payment
Down Payment: Typically 10-20% depending on loan program and purpose
Collateral: Business assets required; personal real estate may be required for larger 7(a) loans

Why Work With LVRG Instead of Going Direct to Banks

LVRG connects Michigan businesses with 25+ specialized SBA lenders nationwide—institutional banks that fund hundreds of SBA deals annually with dedicated teams and streamlined processes. We handle all documentation, packaging, lender matching, and process management from application through funding at zero cost to you (we're compensated by lending partners). Most deals close 30-50% faster than businesses experience working directly with individual banks because we know which lenders excel at your specific industry and deal type.

Headquartered in Detroit | Serving Michigan and Nationwide | 20+ Years | $1+ Billion Facilitated | 10,000+ Businesses Served

Ready to Get Started?

If you're an established business looking for SBA financing, we can evaluate your situation and provide preliminary qualification assessment within 24 hours.

Three ways to connect:

Call: (855) 998-5874 - Speak directly with an SBA financing specialist
Email: info@lvrgllc.com - Send your situation, we'll respond within 24 hours
Apply Online: Complete our brief application below and we'll contact you immediately

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Want to Learn More First? Keep Reading.

If you'd like to understand SBA loans in greater detail before applying—including comprehensive explanations of each program, current rates and terms, detailed qualification requirements, industry-specific examples, real Michigan business success stories, and exactly how the LVRG facilitation process works—continue reading below for complete information on SBA Express, SBA 7(a), and SBA 504 financing.

Understanding SBA Loans: What They Are and Why They Matter

SBA loans are business loans partially guaranteed by the U.S. Small Business Administration. This federal guarantee reduces lender risk, enabling banks to offer terms unavailable through conventional commercial financing: longer amortization periods, lower down payments, higher loan-to-value ratios, and more flexible qualification criteria.

SBA financing is designed for established, profitable businesses making significant investments. These aren't working capital loans for immediate cash flow needs or bridge financing for short-term gaps. SBA loans fund transformational business decisions: buying the building you lease, acquiring the competitor who's been undercutting you, purchasing equipment that doubles your capacity, or consolidating your business structure through partner buyouts.

The fundamental advantages:

Long-term amortization: Up to 25 years for real estate, up to 10 years for equipment and working capital. This extended repayment structure keeps monthly payments manageable even for substantial loan amounts—freeing cash flow for operations and growth rather than debt service.

Substantial loan amounts: SBA Express provides up to $350,000. SBA 7(a) provides up to $5,000,000 per borrower. SBA 504 provides up to $5,500,000 in SBA-backed financing with no limit on total project size. For businesses requiring larger capital deployments, SBA financing delivers amounts that alternative lenders cannot match and conventional banks rarely approve without extensive collateral requirements.

Flexible use of funds: Unlike commercial real estate loans restricted to property purchases or equipment financing limited to specific assets, SBA loans—particularly the 7(a) program—can finance multiple business purposes in a single loan structure. Real estate plus equipment plus working capital. Acquisition plus facility improvements plus debt consolidation. This flexibility simplifies your financing structure and reduces the complexity of managing multiple loans.

Lower down payment requirements: SBA loans typically require 10-20% down depending on loan purpose and collateral, compared to 25-30% down for conventional commercial real estate loans or 20-25% for traditional business acquisition financing. Preserving working capital during major investments maintains operational flexibility and financial stability.

Competitive interest rates: Current SBA loan rates range from approximately 9% to 12% depending on loan program, amount, term, and borrower qualifications. While not the absolute lowest rates available (perfect credit borrowers with substantial collateral can sometimes secure conventional financing at 7-8%), SBA rates remain highly competitive—particularly given the extended terms, flexible use of funds, and lower down payment requirements.

No prepayment penalties on most programs: SBA Express and most SBA 7(a) loans carry no prepayment penalties. If your business generates excess cash flow or you want to refinance at lower rates in the future, you can pay off SBA financing early without penalty. Some SBA 504 loans may include prepayment penalties during the first 5-10 years; we explain all terms clearly during the application process.

The practical reality: SBA loans enable investments that would otherwise remain out of reach or financially unfeasible. A $2,000,000 building purchase with 20% down and a 7-year balloon payment creates refinancing risk and restricts cash flow. The same purchase financed through SBA 504 with 10% down and a 25-year fixed rate eliminates refinancing uncertainty and reduces monthly payments by 40-50%. That difference isn't marginal—it's transformational for business financial stability and growth capacity.

SBA Express Loans: Fast-Track Financing for Time-Sensitive Opportunities

Loan Amounts: $10,000 to $350,000
Typical Approval Timeline: 10-15 business days
Repayment Terms: Up to 10 years
Interest Rates: Variable rates currently ranging from approximately 9.25% to 10.75% (Prime + 2.5% to 3.5%)
Best For: Equipment purchases, working capital, business acquisitions under $350K, debt consolidation, leasehold improvements

SBA Express trades the higher loan limits of traditional SBA 7(a) financing for significantly faster approval timelines. While standard 7(a) loans require full SBA review and typically take 30-60 days, Express loans use streamlined underwriting that compresses approval timelines to 10-20 business days for well-packaged applications with qualified borrowers.

The strategic value of speed: Equipment becomes available at below-market pricing but the seller has multiple buyers and needs to close within two weeks. A competitor announces retirement and offers to sell their business, customer base, and equipment—but wants the deal closed in 30 days. Your largest client awards you a contract requiring immediate equipment investment to fulfill. These opportunities don't wait for 60-90 day bank approvals. SBA Express delivers legitimate government-backed financing at the speed these situations demand.

Common uses for SBA Express financing:

Equipment purchases: Manufacturing machinery, CNC equipment, commercial vehicles, construction equipment, restaurant equipment, medical equipment, technology infrastructure, and specialized tools. The 10-year amortization keeps payments manageable while financing assets with 7-15 year useful lives.

Business acquisitions: Purchasing existing businesses in approved industries, buying out partners, acquiring customer lists or books of business, and franchise purchases under $350,000. Express financing enables acquisitions that would otherwise require all-cash purchases or seller financing with unfavorable terms.

Working capital: Inventory purchases for seasonal businesses or large contracts, accounts receivable gap financing, hiring expenses for growth, and general operating capital for expansion. The extended 10-year term differentiates Express working capital from 6-18 month alternative financing options.

Debt consolidation: Refinancing high-interest business debt, consolidating multiple business loans into single payment structures, and improving cash flow through extended amortization. Note: Current SBA guidelines restrict or prohibit refinancing of certain debt types including merchant cash advances and revenue-based financing.

Leasehold improvements: Tenant improvements for leased spaces, office buildouts, retail renovations, and facility upgrades. Businesses that lease rather than own can still access SBA financing for improvements that enhance operational capacity.

SBA Express qualification criteria:

Minimum 2 years in business under current ownership, with 3+ years preferred for larger loan amounts and optimal rates. Businesses with shorter operating histories may qualify in exceptional circumstances with strong financials and substantial owner equity.

Annual revenue of $250,000 minimum, with $500,000+ preferred. Higher revenue businesses demonstrate greater capacity to service debt and typically receive faster approvals and better terms.

Personal credit scores of 650+ for all business owners with 20% or greater equity stakes. Scores of 680+ receive preferential pricing. Strong business cash flow and longer operating history can sometimes offset credit scores in the 650-680 range.

Sufficient business cash flow to service all existing debt obligations plus the new SBA Express loan payment. Lenders evaluate debt service coverage ratio (DSCR), typically requiring minimum 1.25x coverage (business cash flow must be at least 1.25 times total debt payments).

Current status on all business and personal debt. Recent delinquencies, charge-offs, judgments, or tax liens create qualification challenges. All debt must demonstrate consistent payment history over the past 12 months minimum.

No personal or business bankruptcies within the past 7 years. Older bankruptcies with demonstrated credit recovery may be acceptable depending on circumstances and overall financial strength.

Collateral and guarantees: SBA Express loans require personal guarantees from all owners with 20%+ equity. Business collateral is required to the extent available—financed equipment serves as primary collateral for equipment purchases, for example. Unlike SBA 7(a) loans, Express typically does not require personal real estate collateral, making it accessible for business owners who prefer not to pledge personal assets.

Interest rates and costs: SBA Express loans carry variable interest rates based on the prime rate (currently 6.75% as of December 2025) plus a lender spread of 2.5% to 3.5%, resulting in current rates ranging from approximately 9.25% to 10.75% for qualified borrowers. Your specific rate depends on credit strength, business financial performance, time in business, loan amount, and collateral.

SBA guarantee fees are waived on Express loans up to $350,000. Lender origination fees typically range from 2-3% of the loan amount and can often be financed into the loan rather than paid upfront. LVRG receives compensation from lending partners, not from borrowers—our services carry no cost to you.

Real-world example: Metro Detroit precision machining company needed $185,000 for CNC equipment upgrade. Equipment seller had multiple interested buyers and required commitment within one week. LVRG submitted Express loan application on Monday, received conditional approval Thursday, finalized documentation Friday, and funded the following Tuesday—11 business days total. The equipment purchase increased production capacity 40% and enabled the company to secure two new automotive contracts worth $850,000 annually.

LVRG facilitates SBA Express loans through specialized lenders who maintain dedicated Express programs with streamlined underwriting teams. Our average approval timeline is 10-15 business days from complete application submission to funding—significantly faster than businesses experience working directly with individual banks unfamiliar with their specific situations.

SBA 7(a) Loans: Maximum Flexibility for Major Business Investments

Loan Amounts: $150,000 to $5,000,000+ (larger amounts sometimes possible)
Typical Approval Timeline: 30-45 business days
Repayment Terms: Up to 10 years for working capital and equipment, up to 25 years for real estate
Interest Rates: Variable rates currently ranging from approximately 9.5% to 11.5% (Prime + 2.75% to 3.75%); fixed rates available on loans under $350,000
Best For: Commercial real estate, business acquisitions, major equipment, multi-purpose financing, substantial working capital

The SBA 7(a) program represents the most versatile business financing available to established companies. Whether you're purchasing a $3,000,000 facility, acquiring a competitor for $1,500,000, or combining real estate acquisition, equipment purchases, and working capital into a single $2,500,000 loan—the 7(a) program structures deals that conventional bank financing cannot match.

The strategic advantage: Most commercial real estate loans carry 10-20 year amortization with 5-7 year balloon payments, creating refinancing risk and uncertainty. Equipment loans typically amortize over 3-5 years with payments that strain cash flow. Business acquisition financing often requires 30-40% down with personal guarantees on seller notes. SBA 7(a) financing solves all of these limitations simultaneously: 25-year real estate terms with no balloons, 10-year equipment amortization, 10-20% down payments, and the ability to combine multiple purposes into unified loan structures.

Common uses for SBA 7(a) financing:

Commercial real estate purchases: Manufacturing facilities, warehouse and distribution centers, office buildings, retail locations, medical and dental office spaces, and mixed-use properties. The 25-year amortization with no balloon payment eliminates refinancing risk while building equity through ownership rather than lease payments.

Business acquisitions: Purchasing competitors to consolidate market position, acquiring suppliers or distributors for vertical integration, buying complementary businesses for geographic expansion, and purchasing established businesses for succession or career transition. SBA 7(a) can finance up to 90% of acquisition price with working capital included for transition expenses.

Major equipment purchases: Production machinery, CNC and precision equipment, commercial vehicle fleets, construction equipment, agricultural equipment, medical and dental equipment, and specialized manufacturing tools. Equipment financed through 7(a) receives 10-year amortization compared to 3-5 years for conventional equipment financing, reducing monthly payments 30-50%.

Multi-purpose financing: Real estate purchase plus equipment plus working capital in a single loan. Acquisition plus facility improvements plus debt consolidation. Equipment purchases combined with inventory financing. The 7(a) program's flexibility eliminates the complexity and expense of coordinating multiple loans from different lenders.

Debt refinancing with cash-out: Refinancing existing business debt—including term loans, equipment financing, and business credit lines—while extracting additional capital for expansion, equipment, or working capital. Current SBA guidelines restrict refinancing of certain debt types; LVRG evaluates your specific situation during the application process.

Partner buyouts and ownership transitions: Financing the purchase of a retiring partner's equity, buying out shareholders for ownership consolidation, or facilitating succession planning through structured buyouts. 7(a) financing provides the capital and terms necessary for ownership transitions that preserve business continuity.

SBA 7(a) qualification criteria:

Minimum 2 years in business with consistent profitability, with 3+ years strongly preferred for larger loan amounts. Businesses with extensive industry experience, strong financial performance, and substantial equity may qualify with slightly shorter operating histories.

Annual revenue typically $500,000+ minimum, with higher revenue requirements for larger loan amounts. A $2,000,000 real estate purchase generally requires $1,000,000+ in annual revenue to demonstrate sufficient cash flow and debt service capacity.

Personal credit scores of 650+ for all owners with 20% or greater equity, with 680+ preferred for optimal rates and terms. Larger loan amounts ($2,000,000+) typically require credit scores of 700+.

Strong business cash flow demonstrating ability to service all existing debt plus the new SBA loan payment. Lenders require debt service coverage ratio (DSCR) of 1.25x minimum, with 1.35-1.5x preferred for larger deals. DSCR measures business cash flow against total debt obligations—1.25x means your cash flow is 125% of your total debt payments.

Down payment of 10-20% depending on loan purpose and available collateral. Real estate purchases typically require 10% down. Business acquisitions may require 10-15% down. Loans without substantial collateral may require 15-20% down. These down payment requirements remain significantly lower than conventional commercial financing requiring 25-30% down.

Current status on all business and personal debt obligations with no recent delinquencies, charge-offs, or judgments. Federal and state tax obligations must be current. Recent tax liens or IRS payment plans create significant qualification challenges.

No personal or business bankruptcies within the past 7 years. Older bankruptcies with demonstrated credit recovery and strong current financial performance may be acceptable.

Collateral and guarantees: SBA 7(a) loans require collateral to the extent available. Real estate purchases are secured by the financed property. Equipment purchases are secured by the financed equipment. Lenders may require additional business assets and, for larger loans, personal real estate collateral. All owners with 20%+ equity must provide personal guarantees. Unlike conventional commercial loans requiring extensive cross-collateralization, SBA 7(a) collateral requirements focus primarily on the financed assets plus available business collateral.

Interest rates and costs: SBA 7(a) loans offer variable rate structures based on prime rate plus lender spreads of 2.75% to 3.75%, resulting in current rates ranging from approximately 9.5% to 11.5% for qualified borrowers. Fixed rates are available on loans under $350,000. Your specific rate depends on credit quality, business financial strength, loan amount, term, collateral, and lender relationship.

SBA guarantee fees apply on 7(a) loans and are calculated as a percentage of the guaranteed portion of the loan. For loans up to $1,000,000, the guarantee fee is typically 2-3%. For loans over $1,000,000, fees are tiered based on loan size. These fees can be financed into the loan rather than paid upfront.

Lender origination fees and closing costs vary by lender and loan size, typically ranging from 1.5-3% of loan amount. LVRG receives compensation from lending partners rather than borrowers—our facilitation services carry no cost to you.

Real-world example: West Michigan HVAC company had opportunity to acquire primary competitor whose owner was retiring. Acquisition included customer base, service contracts, three commercial vehicles, equipment, and two experienced technicians. Purchase price: $875,000. The company's bank offered conventional acquisition financing requiring 35% down ($306,250) with 7-year term and personal real estate collateral. LVRG structured SBA 7(a) loan at $875,000 with 15% down ($131,250), 10-year term, no personal real estate collateral required. The business preserved $175,000 in working capital, avoided pledging the owner's home, and reduced monthly payments by $2,400 through extended amortization. Timeline: 38 business days from application to funding. Result: Combined company doubled in size to $4,100,000 annual revenue.

LVRG facilitates SBA 7(a) loans through institutional lenders specializing in complex deal structures. We know which lenders excel at real estate-heavy deals, which prefer acquisition financing, which understand specific industries, and which move fastest on straightforward transactions. Most 7(a) loans we facilitate receive approval and fund within 30-45 business days. Larger deals ($3,000,000+) or complex multi-purpose loans may extend to 60-90 days depending on property appraisals, environmental assessments, and SBA processing timelines.

SBA 504 Loans: Fixed-Rate Real Estate and Equipment Financing

SBA Portion: Up to $5,500,000 per project
Total Project Financing: No maximum (combines conventional lending + SBA portion + owner equity)
Typical Approval Timeline: 45-75 business days
Repayment Terms: 10, 20, or 25 years fully amortized
Interest Rates: Fixed rates for life of loan, typically 1.5-2.5% above 5-year or 10-year Treasury rates
Best For: Owner-occupied commercial real estate, major equipment purchases, green energy projects

SBA 504 financing serves one purpose exceptionally well: providing long-term, fixed-rate financing for owner-occupied commercial real estate and major equipment purchases. What separates 504 from all other commercial real estate and equipment financing is the fixed-rate structure—you lock in your interest rate for the entire 20 or 25-year term, eliminating refinancing risk and protecting against future rate increases.

The fundamental advantage: Most commercial real estate loans carry 10-20 year amortization with 5-10 year adjustable rate periods or balloon payments. When that adjustment period arrives or the balloon comes due, you're subject to whatever interest rates and lending conditions exist at that future date. Economic downturns, credit tightening, or personal financial changes can make refinancing difficult or impossible—creating business risk entirely unrelated to your company's performance.

SBA 504 eliminates this uncertainty completely. Lock in a fixed rate today and maintain that exact rate for 25 years. Your building payment in year 1 is identical to your payment in year 25. No refinancing. No rate risk. No balloon payments. This certainty enables long-term business planning and financial stability impossible with conventional commercial real estate loans.

Common uses for SBA 504 financing:

Owner-occupied commercial real estate: Manufacturing facilities, warehouse and distribution centers, office buildings, retail locations, medical and dental facilities, automotive service centers, and industrial properties. The business must occupy at least 51% of the property (owner-occupied requirement).

Major equipment purchases: Production machinery, manufacturing equipment, industrial equipment with long useful lives, and substantial equipment packages that qualify as "fixed" assets rather than rolling stock or vehicles.

New construction and facility expansion: Building new facilities, expanding existing buildings, and major renovations or improvements to owned properties.

Green energy and energy-efficient projects: Properties incorporating renewable energy systems (solar, wind, geothermal), energy-efficient building improvements (HVAC, insulation, lighting), or sustainable design elements qualify for enhanced loan limits and benefits through the 504 Green Energy Program.

SBA 504 loan structure: Unlike 7(a) loans issued by a single lender, 504 financing uses a three-party structure. A conventional lender (bank) provides 50% of the project cost. A Certified Development Company (CDC) provides up to 40% of the project cost through an SBA-guaranteed debenture. The business owner contributes 10% down payment (15% for new businesses or special-use properties).

This structure results in 10% down payment versus 25-30% down for conventional commercial real estate loans—preserving $150,000 to $500,000+ in working capital depending on project size. The CDC portion carries a fixed interest rate for 20 or 25 years. The conventional lender portion may be fixed or variable depending on the specific lender's programs.

SBA 504 Green Energy Program: Businesses incorporating qualifying green energy or energy efficiency improvements can access enhanced benefits including increased loan limits up to $5,500,000 per green project (versus $5,000,000 standard), no aggregate cap on multiple green 504 loans (versus typical $5,000,000 lifetime cap), and potentially improved terms.

Qualifying improvements include reducing energy consumption by 10% or more through efficiency upgrades, generating at least 15% of facility energy through renewable sources (solar, wind, geothermal), meeting sustainable design standards (LEED certification), or installing qualifying energy-efficient systems (HVAC, lighting, insulation, building envelope improvements).

For businesses building new facilities or conducting major renovations, incorporating green energy components can increase total project financing capacity from $10,000,000 to $20,000,000+ while maintaining the favorable 504 structure, 10% down payment, and fixed-rate stability. This represents significant strategic value for manufacturing, industrial, and warehouse operations planning facility investments.

SBA 504 qualification criteria:

Minimum 2-3 years in business with strong financial performance and proven profitability. 504 lenders evaluate business stability and capacity to service long-term real estate debt over 20-25 years.

Tangible net worth under $15,000,000 and average net income under $5,000,000 (SBA size standards for 504 eligibility). These thresholds exclude most large corporations while accommodating the vast majority of small and mid-sized businesses.

Owner-occupied requirement: The business must occupy at least 51% of the financed property. Investment real estate and properties leased primarily to other tenants do not qualify for 504 financing.

Down payment of 10% for established businesses, 15% for new businesses (less than 2 years operating history) or special-use properties (single-purpose buildings with limited alternative uses).

Strong business cash flow and debt service coverage demonstrating ability to service the 504 loan plus existing debt obligations. Lenders typically require DSCR of 1.25-1.35x minimum.

Personal guarantees required from all owners with 20% or greater equity stakes.

Interest rates and terms: The SBA 504 program offers fixed interest rates for the life of the loan—20 years for equipment, 25 years for real estate. Rates are determined at loan closing and based on current Treasury rates plus a spread. As of December 2025, 504 fixed rates typically range from 10% to 12% depending on project specifics, current Treasury rates, and market conditions.

While these rates may appear higher than some conventional commercial real estate loans advertising 7-8% rates, those conventional loans almost always carry 5-10 year adjustment periods or balloon payments—meaning the advertised rate is temporary. The 504 rate is permanent. When comparing financing options, the relevant comparison is 504's fixed 25-year rate versus what conventional financing will cost you over the actual 25-year period including refinancing, potential rate increases, and balloon payment risks.

SBA 504 fees: Guarantee fees, CDC processing fees, and closing costs vary depending on loan size and project specifics, typically totaling 2-4% of the SBA portion of the loan. These fees can often be financed into the loan rather than paid upfront.

Real-world example: Grand Rapids tool and die manufacturer had opportunity to purchase the 42,000 square foot facility they'd been leasing for 12 years. Purchase price: $2,100,000. Conventional commercial real estate financing required 25% down ($525,000) with 20-year amortization and 7-year balloon payment at variable rate. SBA 504 structure: 10% down ($210,000), 25-year fixed rate, no balloon. The business preserved $315,000 in working capital, eliminated refinancing risk, and locked in fixed payments for 25 years. Timeline: 58 business days from application to closing. Result: Building ownership converted $23,000 monthly lease expense into $18,400 monthly mortgage payment while building equity and gaining facility control for expansion.

LVRG facilitates SBA 504 loans by coordinating between the conventional lender, the Certified Development Company, and the SBA to ensure all parties move efficiently and in sync. The 504 process involves more parties and moving pieces than 7(a) or Express loans, which is why timeline extends to 45-75 business days depending on property appraisals, environmental assessments, and CDC processing. Our role is managing this complexity so you experience streamlined execution rather than coordination chaos.

Industries We Serve: SBA Financing Across Business Sectors

LVRG facilitates SBA loans for established businesses across virtually every industry. While SBA guidelines restrict certain business types (passive real estate investment, lending institutions, gambling, speculation), the vast majority of operating businesses qualify. Common industries we serve include:

Manufacturing and Industrial Operations: Automotive suppliers and tier manufacturers, metal fabrication and stamping, tool and die companies, CNC and precision machining, plastics manufacturing and injection molding, food and beverage processing, industrial equipment manufacturing, custom manufacturing and job shops, assembly and production operations, packaging and contract manufacturing

Construction and Skilled Trades: General contractors and construction management, electrical contractors and systems, plumbing and mechanical contractors, HVAC installation and service, roofing and exterior contractors, concrete and foundation specialists, excavation and site development, asphalt and paving companies, specialty trade contractors, commercial and industrial construction

Professional Services: Law firms and legal practices, accounting and tax practices, engineering and architectural firms, consulting and advisory services, marketing and advertising agencies, insurance agencies and brokerages, financial planning and wealth management, business consulting and management services

Healthcare and Medical Services: Medical practices and clinics, dental practices and oral surgery, veterinary hospitals and clinics, urgent care and immediate care centers, physical therapy and rehabilitation, home healthcare and hospice, chiropractic and alternative medicine, medical and dental specialty practices

Business and Commercial Services: Staffing and employment agencies, janitorial and commercial cleaning, security services and systems, logistics and warehousing, freight and transportation services, commercial printing and graphics, business process outsourcing, document management and storage

Automotive Services: Auto repair and service centers, tire and automotive parts retail, collision repair and body shops, automotive dealerships (new and used), detailing and reconditioning, fleet maintenance and management, automotive specialty services

Retail and Consumer Services: Liquor stores and package stores, gas stations and fuel service, convenience stores and quick-service retail, grocery stores and supermarkets, specialty retail operations, franchise retail concepts (restaurants, retail, service), building materials and supply, automotive parts and accessories, sporting goods and recreation equipment, home improvement and hardware

Consumer and Personal Services: Car washes and automotive detailing, laundromats and dry cleaning services, salons and spa services, fitness centers and wellness facilities, pet services and pet care, cleaning and janitorial services, event services and party planning

Hospitality and Food Service: Restaurants and dining concepts, bars and craft breweries, catering and event services, hotels and lodging facilities, food service and mobile food operations, coffee shops and quick-service concepts, banquet and event facilities

Transportation and Logistics: Trucking and freight hauling, courier and delivery services, freight brokerage and logistics, warehousing and distribution, specialized transportation services, moving and relocation services

Wholesale and Distribution: Product distribution and wholesale, industrial supply and distribution, food and beverage distribution, building materials distribution, equipment and machinery distribution, import/export and international trade

This represents common industries we serve. If your business operates in a legitimate industry, generates revenue through products or services, and meets SBA qualification criteria—SBA financing is likely available regardless of sector.

SBA Loan Qualification: Requirements and Considerations

SBA loans serve established, profitable businesses making strategic investments. While specific requirements vary by loan program, lender, and deal structure, these general qualification criteria apply:

Business Operating History: Minimum 2 years in business under current ownership. Longer operating history (3-5+ years) strengthens applications, improves rates, and increases approval likelihood—particularly for larger loan amounts. Businesses with shorter histories but strong revenue, substantial owner equity, and relevant industry experience may qualify in certain circumstances.

Revenue and Profitability: Minimum annual revenue varies by loan program—$250,000+ for Express, $500,000+ for 7(a) and 504. Higher revenue businesses demonstrate greater capacity to service debt and generally receive faster approvals and better terms. Consistent profitability over multiple years is essential. Lenders evaluate whether your business generates sufficient profit to cover debt obligations, owner compensation, and business operations.

Credit Requirements: Personal credit scores of 650+ for all business owners with 20% or greater equity stakes. Scores of 680+ receive preferential consideration and better pricing. Scores of 700+ are typically required for larger loans ($2,000,000+). Recent bankruptcies, foreclosures, tax liens, judgments, or significant delinquencies create qualification challenges. Credit issues from 7+ years ago with demonstrated recovery and strong current financial performance may be acceptable depending on overall application strength.

Cash Flow and Debt Service Coverage: Your business must generate sufficient cash flow to service all existing debt obligations plus the new SBA loan payment. Lenders evaluate debt service coverage ratio (DSCR)—the relationship between your business cash flow and total debt payments. Minimum DSCR is typically 1.25x (cash flow must be 125% of total debt payments). Stronger businesses with 1.35-1.5x DSCR receive better terms and faster approvals.

Down Payment and Owner Investment: SBA loans require "skin in the game" demonstrating owner commitment to the financed project. Express loans may require minimal down payment for equipment purchases. 7(a) loans typically require 10-20% down depending on purpose and collateral. 504 loans require 10% down (15% for new businesses or special-use properties). These down payment requirements remain significantly lower than conventional commercial financing requiring 25-30% down.

Current Debt Status: All business and personal debt obligations must be current with consistent payment history over the past 12 months minimum. Recent delinquencies, charge-offs, or accounts in collections create significant qualification obstacles. Federal and state tax obligations must be current. Active IRS payment plans or tax liens may disqualify applications or require resolution before loan approval.

Bankruptcy History: No personal or business bankruptcies within the past 7 years. Chapter 7 bankruptcies discharged 7+ years ago with demonstrated credit recovery may be acceptable. Recent Chapter 13 bankruptcies or those with shorter timeframes create qualification challenges even if discharged.

Legal and Regulatory Compliance: Business must operate in compliance with applicable federal, state, and local regulations. Environmental compliance, zoning approvals, licensing requirements, and regulatory standing all impact SBA loan eligibility—particularly for real estate transactions or regulated industries.

Business Structure and Ownership: Any legal entity structure qualifies (LLC, S-Corporation, C-Corporation, partnership, sole proprietorship). All owners with 20%+ equity must provide personal guarantees. Corporate structures may require additional documentation including articles of incorporation, operating agreements, and corporate resolutions.

Collateral Requirements: SBA lenders require collateral to the extent available. The financed assets (real estate, equipment) serve as primary collateral. Additional business assets including accounts receivable, inventory, and equipment may be pledged as secondary collateral. Larger 7(a) loans may require personal real estate collateral. Express loans typically do not require personal real estate collateral. Collateral requirements remain more flexible than conventional commercial financing but less flexible than unsecured business loans.

Industry Restrictions: Most operating businesses qualify for SBA financing. Restricted industries include passive real estate investment (buying properties primarily to lease to others), lending and investment companies, gambling and casino operations, speculation and investment activities, adult entertainment, and certain agriculture operations. If your business operates in a potentially restricted industry, LVRG evaluates specific eligibility during the qualification process.

Why Work With LVRG for SBA Financing

Strategic lender access. LVRG maintains relationships with 25+ institutional SBA lenders nationwide—banks that specialize in SBA financing and fund hundreds or thousands of SBA deals annually with dedicated underwriting teams, streamlined processes, and proven track records. These aren't lenders you'll find through Google searches. Many work exclusively through experienced business financing partners and don't accept direct applications from businesses.

When you work with LVRG, you're not limited to one bank's credit box, industry preferences, or geographic restrictions. You work with specialists who know which lenders excel at manufacturing deals, which prioritize real estate transactions, which move fastest on equipment financing, and which handle complex multi-purpose structures. We match your specific business, industry, and deal type with the lenders most likely to approve your application at optimal terms.

Expert deal packaging. SBA loans require extensive documentation: business tax returns, financial statements, personal financial statements, business plans, collateral valuations, environmental assessments, legal documents, and program-specific requirements. The difference between approval and decline often lies not in whether you qualify, but in how your application is presented.

LVRG packages SBA loan applications professionally from initial submission. We know exactly what lenders need to see, how to present business strengths, how to address potential concerns proactively, and how to structure applications for maximum approval likelihood. We handle the documentation complexity so you focus on running your business rather than managing the financing process.

Faster approvals and closings. Our lender relationships and SBA expertise result in streamlined timelines. SBA Express loans we facilitate average 10-15 business days from complete application to funding. SBA 7(a) loans average 30-45 business days. SBA 504 loans average 45-75 business days. These timelines represent 30-50% faster execution than businesses typically experience working directly with individual banks—often making the difference between capturing opportunities and watching them disappear.

Better terms through volume relationships. LVRG's consistent deal flow and long-term lender relationships often result in preferential pricing and better loan terms than business owners can access independently. Lenders value professionally packaged, pre-qualified applications that move efficiently through underwriting. They pass those efficiencies to our clients through competitive rates, flexible terms, and streamlined processes.

Michigan expertise with nationwide reach. Headquartered in Detroit and deeply connected to Michigan's business community across Metro Detroit, Grand Rapids, Ann Arbor, Lansing, Kalamazoo, Flint, Saginaw, Battle Creek, Traverse City, and every Michigan market, we understand the opportunities and challenges facing Michigan businesses in manufacturing, automotive, construction, professional services, healthcare, and every sector driving the state's economy.

Michigan businesses benefit from our local knowledge, industry relationships, and understanding of regional economic conditions. We know Michigan's manufacturing resurgence, its professional services consolidation, its healthcare expansion, and its evolving automotive ecosystem. We speak your language and understand your market.

Our Michigan focus doesn't limit our capability. We facilitate SBA loans for established businesses nationwide with the same strategic lender access, expert packaging, and proven results. Whether you're a Michigan manufacturer expanding capacity or a professional services firm anywhere in the United States acquiring a competitor, you receive the same expertise and execution.

No cost to you. LVRG receives compensation from our lending partners through standard broker fees incorporated into SBA loan structures. Whether you work with a broker or apply directly to a bank, the fee structure exists. The difference is whether you navigate the SBA process alone with one bank's perspective—or work with specialists who provide strategic lender access, expert packaging, faster execution, and better terms at no additional cost.

Two decades of proven results. LVRG has facilitated over $1 billion in business financing for 10,000+ established companies across 20+ years. Our reputation wasn't built through advertising. It was earned deal by deal, relationship by relationship, result by result. We do what we say we'll do. We deliver when timing matters. And we build long-term relationships with business owners who value expertise, transparency, and results.

The LVRG SBA Loan Process

Step 1: Initial Consultation and Qualification Assessment

Contact LVRG by phone at (855) 998-5874 or email at info@lvrgllc.com to discuss your financing needs. This initial conversation covers your business situation, loan purpose, approximate loan amount, and basic qualifications. We evaluate which SBA program best fits your needs—Express for speed and smaller amounts, 7(a) for maximum flexibility and larger amounts, or 504 for fixed-rate real estate and equipment financing.

This consultation typically takes 15-30 minutes and provides you with clear understanding of your options, realistic timeline expectations, and next steps. If SBA financing doesn't fit your specific situation, we'll explain why and discuss alternative financing options that may better serve your needs.

Step 2: Documentation Gathering and Deal Packaging

If we determine SBA financing is appropriate, we'll request documentation including business tax returns (typically 3 years), personal tax returns for all owners with 20%+ equity, current business financial statements (profit & loss, balance sheet), recent bank statements (3-6 months), business debt schedule listing all current obligations, personal financial statements, and purpose-specific documentation (purchase agreements for acquisitions, equipment quotes, real estate information, etc.).

We compile this documentation into professional loan packages that meet SBA and lender requirements. This isn't simply forwarding your documents to a bank. We structure presentations highlighting business strengths, addressing potential concerns proactively, and positioning your application for approval. Well-packaged deals move faster through underwriting and receive better terms.

Step 3: Strategic Lender Matching and Submission

Based on your business, industry, deal type, loan amount, and geographic location, we submit your application to the lender(s) from our network best positioned to approve your specific deal. We're not guessing—we know which lenders excel at your situation based on years of successful placements.

This strategic matching eliminates wasted time with lenders unlikely to approve your deal and maximizes the likelihood of approval at optimal terms. One bank's decline doesn't mean you don't qualify—it often means you applied to the wrong bank. We ensure your application lands with lenders who understand and value your specific business and industry.

Step 4: Underwriting Management and Deal Shepherding

Once submitted, lenders begin formal underwriting—reviewing financials, ordering appraisals and environmental reports (for real estate), verifying collateral, and evaluating overall credit quality. This is where many deals stall when businesses work directly with banks. Underwriters have questions. Documentation requests pile up. Communication gaps create delays.

LVRG manages this process actively. We handle lender questions, provide additional documentation promptly, troubleshoot issues before they become problems, and keep deals moving toward approval. You remain involved and informed throughout, but you're not managing the complexity alone. You have advocates who've navigated this process hundreds of times and know how to get deals across the finish line.

Step 5: Approval, Closing, and Funding

Once the lender and SBA approve your loan, we coordinate closing. You'll sign loan documents, provide any final documentation required, and satisfy closing conditions. Many SBA loans now close digitally without requiring notarization or in-person signatures. Funds are disbursed to your business bank account, seller, equipment vendor, or title company depending on loan purpose.

Typical timelines from complete application submission to funding: SBA Express 10-15 business days, SBA 7(a) 30-45 business days, SBA 504 45-75 business days. Complex deals, large loan amounts, or situations requiring additional documentation may extend these timelines. We provide realistic expectations throughout the process so you can plan accordingly.

Frequently Asked Questions: SBA Loans

What's the difference between SBA Express, 7(a), and 504 loans?

SBA Express provides up to $350,000 with streamlined 10-15 day approval for equipment, working capital, and time-sensitive opportunities. SBA 7(a) provides $150,000 to $5,000,000+ with 30-45 day approval for real estate, acquisitions, equipment, and multi-purpose financing. SBA 504 provides up to $5,500,000 in SBA-backed financing specifically for owner-occupied real estate and major equipment with 20-25 year fixed rates.

Choose Express when you need capital quickly and loan amount is under $350,000. Choose 7(a) for maximum flexibility, larger amounts, or when combining multiple purposes in one loan. Choose 504 for real estate or major equipment when fixed-rate, long-term certainty matters most.

How long does the SBA loan process actually take?

Timeline varies by program and deal complexity. SBA Express averages 10-15 business days from complete application to funding. SBA 7(a) averages 30-45 business days. SBA 504 averages 45-75 business days. These timelines assume complete, accurate applications with qualified borrowers and straightforward deals.

Larger loans, complex multi-purpose financing, or situations requiring extensive property appraisals and environmental assessments may extend timelines by 2-4 weeks. Incomplete applications, documentation delays, or qualification issues can add significant time. LVRG pre-qualifies and packages deals properly to minimize delays and execute as efficiently as possible.

What credit score do I need to qualify for an SBA loan?

Minimum personal credit score is typically 650 for all business owners with 20% or greater equity. Scores of 680+ are preferred and receive better rates and terms. Scores of 700+ are generally required for larger loans ($2,000,000+).

Credit scores below 650 create significant qualification challenges. Strong business cash flow, substantial time in business, and excellent collateral can sometimes offset credit scores in the 650-680 range, but lenders remain selective. Recent bankruptcies, foreclosures, or significant delinquencies typically disqualify applications regardless of current score.

Can I use SBA loans to refinance existing business debt?

SBA 7(a) loans can refinance existing business debt in certain circumstances. Qualifying debt includes business term loans, equipment financing, business credit cards, and other business obligations. The refinance must provide clear business benefit—typically through improved cash flow, extended terms, or debt consolidation.

Current SBA guidelines restrict or prohibit refinancing of certain debt types including merchant cash advances, revenue-based financing, and some working capital loans. Specific eligibility depends on the debt type, timing, and business benefit. LVRG evaluates your specific situation during the qualification process to determine whether refinancing is permitted under current SBA guidelines.

Do I need collateral for SBA loans? Will I have to pledge my house?

SBA lenders require collateral to the extent available. For real estate and equipment purchases, the financed assets serve as primary collateral. Additional business assets may be required as secondary collateral.

SBA Express typically does not require personal real estate collateral, making it accessible for business owners who prefer not to pledge personal assets. SBA 7(a) loans may require personal real estate collateral for larger loan amounts or when business collateral is insufficient. SBA 504 loans focus primarily on the financed property as collateral with limited additional collateral requirements beyond personal guarantees.

Personal guarantees are required from all owners with 20%+ equity regardless of loan program. Guarantees create personal liability for the debt but don't necessarily require pledging specific personal assets as collateral.

Are there prepayment penalties on SBA loans?

Most SBA Express and SBA 7(a) loans have no prepayment penalties—you can pay off the loan early without penalty if your business generates excess cash flow or you want to refinance at lower rates in the future.

Some SBA 504 loans may include prepayment penalties during the first 5-10 years of the loan term, typically declining over time. The specific prepayment terms depend on the Certified Development Company and loan structure. LVRG explains all prepayment terms clearly during the application process so you understand your options.

What industries qualify for SBA financing?

Most operating businesses qualify for SBA loans. Common industries include manufacturing, construction, professional services, healthcare, business services, retail, hospitality, automotive services, transportation, and consumer services including liquor stores, gas stations, car washes, laundromats, and grocery stores.

Restricted industries include passive real estate investment (buying properties primarily to lease to others), lending and investment companies, gambling operations, speculation and investment activities, adult entertainment, and certain agriculture operations with specific restrictions. If your business operates in a potentially restricted industry, we evaluate specific eligibility during qualification.

Can I get an SBA loan if I've been declined by a bank before?

Possibly. Banks decline applications for numerous reasons—some related to applicant qualifications, others related to the bank's specific credit criteria, industry preferences, capacity, or internal policies. A decline from one bank doesn't mean you won't qualify through a different lender with different credit boxes and specialties.

LVRG works with 25+ SBA lenders, each with different underwriting criteria, industry preferences, and risk appetites. We evaluate why you were declined, determine whether the decline was qualification-related or lender-specific, and match you with lenders better suited to your situation. Many businesses we've helped secure SBA financing had been previously declined by other banks.

How much does LVRG charge for SBA loan facilitation?

LVRG doesn't charge business owners. We receive compensation from our lending partners through standard broker fees that exist within SBA loan structures whether you use a broker or apply directly to banks. You receive strategic lender access, expert packaging, faster execution, and better terms at no cost to you.

What's the maximum loan amount available through SBA programs?

SBA Express maximum is $350,000. SBA 7(a) maximum is $5,000,000 per borrower, though larger amounts are sometimes possible through multiple lenders or creative structuring. SBA 504 provides up to $5,500,000 in SBA-backed financing with no limit on total project size when combined with conventional lending—projects of $20,000,000+ are possible through 504 structures.

Do I qualify if my business is less than 2 years old?

SBA loans are designed for established businesses. Minimum time in business is typically 2 years under current ownership, with 3+ years preferred. Newer businesses face significant qualification challenges.

Exceptions exist for businesses with strong financials, substantial owner equity, relevant industry experience, and compelling business plans—but these remain exceptions rather than the rule. If your business is newer than 2 years and you need financing, LVRG can evaluate whether SBA financing is realistic or whether alternative financing options better serve your situation.

Can I combine real estate, equipment, and working capital into one SBA loan?

Yes, through the SBA 7(a) program. This multi-purpose capability represents one of the 7(a) program's most valuable features. You can finance a building purchase, equipment for that building, and working capital for operations—all in a single loan structure with unified terms and payments.

This eliminates the complexity and expense of coordinating multiple loans from different lenders, simplifies your financial structure, and often results in better overall terms than piecing together separate financing for each purpose.

What happens after my SBA loan is approved?

After approval, we coordinate closing with all parties—lender, title company (for real estate), attorneys, and any other required participants. You'll sign loan documents, often digitally without requiring notarization or in-person meetings. You'll provide any final documentation required and satisfy closing conditions.

Funds are disbursed to your business account, equipment vendor, property seller, or title company depending on loan purpose. Loan payments typically begin 30-60 days after funding depending on the specific program and loan agreement. Most SBA loans require monthly payments of principal and interest over the loan term.

How does LVRG's facilitation differ from applying directly to a bank?

When you apply directly to a bank, you get one lender's perspective, one credit box, one set of underwriting criteria, and one decision. If that bank declines or offers unfavorable terms, you start over with a different bank—wasting weeks or months in the process.

LVRG provides access to 25+ specialized SBA lenders simultaneously. We know which lenders excel at your specific situation before submission. We package applications professionally to maximize approval likelihood. We manage underwriting to keep deals moving efficiently. And we leverage lender relationships to secure better terms than individual applicants typically receive.

The result: faster approvals, better terms, higher success rates, and significantly less frustration navigating the SBA process.

Does LVRG work with liquor stores and gas stations for SBA loans?

Yes. Liquor stores, gas stations, convenience stores, and fuel service businesses are eligible for SBA financing and represent common industries we serve. These businesses frequently use SBA 7(a) loans to purchase commercial real estate (buying the building rather than leasing), SBA Express for equipment upgrades and inventory financing, or SBA 504 for fixed-rate real estate purchases. We've facilitated SBA loans for package stores, fuel service operations, and convenience stores throughout Michigan and nationwide.

Can car washes and laundromats get SBA financing?

Yes. Car washes and laundromats are excellent candidates for SBA financing, particularly SBA 504 loans for real estate purchases (buying your facility and land) and SBA 7(a) loans for equipment, business acquisitions, or multi-purpose financing. Many car wash and laundromat operators use SBA financing to purchase the real estate they operate on rather than leasing, providing long-term stability, building equity, and eliminating lease payment uncertainty.

Do you work with grocery stores and supermarkets?

Yes. Grocery stores, supermarkets, and specialty food retailers qualify for SBA financing. Common uses include purchasing or refinancing commercial real estate, acquiring existing grocery operations, financing major equipment (refrigeration systems, display cases, point-of-sale technology), and working capital for inventory. We work with independent grocers, ethnic and specialty markets, regional grocery chains, and food retailers across all formats.

How do SBA loans work for franchises?

Franchises are eligible for SBA financing provided the franchise is listed on the SBA Franchise Directory—a comprehensive list of pre-approved franchise brands that have been reviewed by the SBA. Common franchise industries include restaurants, automotive services, retail, personal services, business services, and healthcare.

SBA 7(a) loans can finance franchise fees, equipment, real estate, working capital, and multi-purpose needs. SBA 504 loans work well for franchises purchasing commercial real estate for owner-occupied locations. LVRG works with franchisees across all industries and brand systems, from quick-service restaurants to automotive service centers to retail franchises.

What's the difference between SBA loans and conventional business loans?

SBA loans offer longer repayment terms (up to 25 years versus 5-10 years for conventional loans), lower down payments (10-20% versus 25-30%), higher loan-to-value ratios, and more flexible qualification criteria due to the federal government guarantee that reduces lender risk.

Conventional business loans may offer slightly lower interest rates for borrowers with perfect credit and substantial collateral, but require more equity investment, shorter amortization periods, and often include balloon payments that create refinancing risk and uncertainty. For most business investments—particularly real estate purchases, business acquisitions, and major equipment—SBA loans provide superior terms, long-term stability, and better cash flow management.

Can I get an SBA loan in Michigan if I'm buying a business from a retiring owner?

Yes. Business acquisitions represent one of the most common uses of SBA 7(a) financing, and Michigan business succession transactions are a significant focus for our lending partners. Whether you're buying out a retiring partner in a professional services firm, acquiring a competitor in manufacturing or construction, or purchasing an established business from a retiring owner for succession—SBA 7(a) loans can finance up to 90% of the purchase price including working capital for transition expenses.

Common acquisition scenarios we facilitate include retiring owners selling to employees or outside buyers, partner buyouts in law firms and accounting practices, competitive acquisitions in manufacturing and distribution, and succession purchases across all industries. Timeline: 30-45 business days typically for most acquisition deals in Michigan and nationwide.

Do you serve businesses in rural Michigan or just major cities?

LVRG serves businesses throughout all of Michigan—from Detroit and Metro Detroit to Grand Rapids and West Michigan, from Ann Arbor and Lansing to Traverse City, Petoskey, and Northern Michigan, and throughout rural communities across all 83 Michigan counties. SBA financing is available statewide regardless of location.

Rural Michigan businesses may also qualify for USDA Business & Industry loans offering even higher loan amounts (up to $25,000,000) and longer terms for businesses in eligible rural areas. We evaluate both SBA and USDA programs to determine the optimal financing solution for rural Michigan businesses.

What documentation do I need to apply for an SBA loan?

Required documentation typically includes: business tax returns for the past 3 years (Form 1120, 1120S, 1065, or Schedule C), personal tax returns for all owners with 20%+ equity, current business financial statements (profit & loss statement and balance sheet not older than 90 days), 3-6 months of recent business bank statements, a business debt schedule listing all current obligations with balances and payment amounts, personal financial statements for all guarantors, and purpose-specific documents such as purchase agreements for acquisitions, equipment quotes, real estate contracts, or lease agreements.

LVRG guides you through the documentation process and handles professional packaging to meet SBA and lender requirements. We know exactly what lenders need and structure applications to maximize approval likelihood from initial submission.

How long does it take to get approved for an SBA loan in Detroit or Michigan?

Approval timelines for Michigan businesses are identical to nationwide timelines and depend on loan program: SBA Express averages 10-15 business days from complete application to funding, SBA 7(a) averages 30-45 business days, and SBA 504 averages 45-75 business days.

Michigan businesses working with LVRG benefit from our Detroit headquarters, local market knowledge, and established relationships with lenders who understand Michigan's manufacturing, automotive, construction, and professional services sectors. This regional expertise often results in smoother underwriting and faster execution for Michigan deals.

Can SBA loans be used to buy commercial real estate in Michigan?

Yes. SBA 7(a) loans (up to $5,000,000) and SBA 504 loans (up to $5,500,000 in SBA-backed financing) both finance commercial real estate purchases for owner-occupied properties in Michigan and nationwide. The business must occupy at least 51% of the property (owner-occupied requirement).

Common Michigan real estate transactions we facilitate include manufacturing facilities in Metro Detroit and Grand Rapids, warehouse and distribution centers throughout Michigan, office buildings for professional services firms, retail locations, medical and dental practices, automotive service centers, and industrial properties. Michigan commercial real estate purchased through SBA financing receives 25-year amortization with no balloon payments (504) or up to 25-year terms (7a), providing long-term stability unavailable through conventional commercial real estate loans.

Ready to Explore SBA Financing?

Whether you need fast capital through SBA Express, substantial growth financing through SBA 7(a), or fixed-rate real estate financing through SBA 504—LVRG delivers strategic lender access, expert guidance, and proven results.

Contact LVRG:

Phone: (855) 998-5874
Speak directly with an SBA financing specialist about your specific needs and qualifications.

Email: info@lvrgllc.com
Send us your situation and we'll respond within 24 hours with preliminary assessment and next steps.

Apply Online: Visit lvrgfunding.com/apply-now
Complete our brief application and we'll contact you immediately to discuss your SBA financing options.

LVRG Business Funding
615 Griswold St, Suite 700
Detroit, MI 48226

Established 2005 | Over $1 Billion Facilitated | 10,000+ Businesses Served

Michigan's Business Financing Authority
Serving Established Businesses Nationwide