Small Business SBA Loan ($50K-$350K)

Small Business Administration Loans (SBA) are generally the least expensive financing option for small business owners. The SBA 7(a) loan is the Small Business Administration’s most popular product and offers a flexible sum of cash that can be used for anything from managing daily operations to purchasing new products and refinancing high-interest loans.

LVRG offers SBA 7(a) loans up to $350,000 in the most streamlined and efficient way possible. And, you can have funds in as fast as 7 days after the application is completed! *Typical funding time at a bank is 2-8 months.

Highlights:

  • Loan amounts from $30,000 to $350,000
  • 6.25% to 7.25% interest
  • Pre-qualify in minutes
  • Funds in as fast as 7 days after the application is completed
  • 10 year term with no pre-payment penalty

Details on Minimum Qualifications:

  • While there is no minimum credit score or revenue, most borrowers have a score of 650 or higher and make at least $50,000 annually.
  • For loans smaller than $150,000, you should have an annual revenue of at least $120,000. For loans over $150,000, you should have an annual revenue of about $300,000.
  • Each principal owner must personally guarantee the loan.
  • No outstanding tax liens.
  • No bankruptcies or foreclosures in the last three years.
  • No recent charge-offs or settlements.
  • Must be current on government-related loans.

Reasons to Apply for an SBA Loan: 

  1. Least Expensive Financing - It would be tough to beat the low rates of SBA loans. SBA is an excellent option for small business owners looking to keep financing costs down.
  2. Great Financing for Growth - If your primary goal is to grow your business, getting an SBA loan is an excellent way to reach that objective. You get the funds you need on manageable terms.
Pre-qualify in as little as 5 minutes without impacting your credit score! Simply provide basic information online and we’ll automatically tell you if you pre-qualify for a loan from $30,000 - $350,000.

Pre-qualify in as little as 5 minutes without impacting your credit score! Simply provide basic information online and we’ll automatically tell you if you pre-qualify for a loan from $30,000 - $350,000.

Tell us how you plan to use your funds and provide financial information about your business and its owners. Your personal loan consultant can assist at any point throughout the process.

Tell us how you plan to use your funds and provide financial information about your business and its owners. Your personal loan consultant can assist at any point throughout the process.

Upload requested documents to complete your application. We’ll review your financials to confirm your business has the cash flow to afford the monthly loan payments. Funds can then be in your bank account in as fast as 7 days after your application is complete.

Upload requested documents to complete your application. We’ll review your financials to confirm your business has the cash flow to afford the monthly loan payments. Funds can then be in your bank account in as fast as 7 days after your application is complete.