SBA 7(a) Loans & Microloans for Dallas Businesses

Access SBA 7(a) loans up to $5 million with favorable terms up to 25 years. Lower rates backed by the Small Business Administration.

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4.8

Trustpilot Rating

Same Day Funding

Funding Available

50,000+

Businesses Served

90% Approval Rate

Approval Rate

What is an SBA Loan?

SBA loans are small business loans that are partially guaranteed by the U.S. Small Business Administration. This government backing reduces risk for lenders, allowing them to offer more favorable terms to small business owners—including lower interest rates, longer repayment periods, and larger loan amounts.

For qualified Dallas businesses, SBA loans can be an excellent way to access affordable capital for expansion, equipment purchases, real estate, or working capital.

Types of SBA Loans We Offer

SBA 7(a) Loans

The most common SBA loan program, offering up to $5 million for various business purposes.

Key Features:

Loan amounts up to $5 million
Terms up to 25 years (for real estate)
10-year terms for equipment and working capital
Competitive interest rates (tied to Prime rate)
Can be used for almost any business purpose

Common Uses:

Business acquisition
Real estate purchase
Equipment and machinery
Working capital
Debt refinancing

SBA Microloans

Smaller loans designed for startups and smaller businesses.

Key Features:

Loan amounts up to $50,000
Average loan size around $13,000
Terms up to 6 years
Often available to newer businesses

Common Uses:

Inventory purchases
Supplies and equipment
Working capital
Furniture and fixtures

SBA Loan Requirements

SBA loans have stricter requirements than our other financing products. For detailed qualification tips, see our guide on how to qualify for an SBA loan.

Business Requirements

Time in Business: Typically 2+ years preferred
For-Profit Status: Must be a for-profit business
Size: Must meet SBA size standards (varies by industry)
U.S. Operation: Business must operate in the United States

Financial Requirements

Good Credit: Personal credit score typically 680+
Sufficient Revenue: Strong revenue relative to loan amount
Cash Flow: Demonstrated ability to repay
Collateral: May be required for larger loans

Owner Requirements

U.S. Citizenship/Residency: Owners must be U.S. citizens or permanent residents
No Recent Defaults: Clean history with government loans
Personal Guarantee: Owners typically must personally guarantee the loan

The SBA Loan Process

SBA loans take longer to process than conventional financing, but the favorable terms make them worth the wait for many businesses.

1. Pre-Qualification

We review your basic information to determine if you’re likely to qualify for an SBA loan.

2. Application

You’ll complete a detailed application including business financial statements, tax returns, and a business plan.

3. Documentation

Gather required documents including:

Personal and business tax returns (3 years)
Financial statements
Business licenses
Ownership documents
Collateral documentation

4. Underwriting

The lender reviews your application and documentation, which can take 2-4 weeks.

5. SBA Approval

The SBA reviews and approves the loan guarantee, adding another 1-2 weeks.

6. Closing & Funding

Once all approvals are complete, you sign documents and receive your funds.

Total Timeline: Typically 30-90 days from application to funding.

SBA Loan Benefits

Lower Interest Rates

SBA loans typically offer lower rates than conventional business loans because the government guarantee reduces lender risk.

Longer Repayment Terms

Terms up to 25 years mean lower monthly payments and better cash flow management.

Larger Loan Amounts

Access up to $5 million for qualified borrowers and purposes.

Flexible Use of Funds

Most business purposes qualify, from working capital to real estate acquisition.

Build Business Credit

Successful SBA loan repayment helps build your business credit profile.

SBA Loans vs. Conventional Financing

Feature	SBA 7(a) Loan	Conventional Loan
Interest Rates	Lower (Prime + 2.25-4.75%)	Higher
Terms	Up to 25 years	Typically 3-10 years
Maximum Amount	$5 million	Varies widely
Processing Time	30-90 days	1-14 days
Requirements	Stricter	More flexible
Best For	Established businesses, long-term needs	Quick funding needs

Is an SBA Loan Right for Your Business?

SBA loans are ideal for:

Established businesses with 2+ years of operation
Larger financing needs ($100K+)
Long-term investments (real estate, major equipment)
Strong credit profiles (680+ personal credit)
Patient borrowers who can wait 30-90 days for funding

If you need faster funding or have less established credit, our working capital loans or merchant cash advances might be better options.

Ready to Explore SBA Financing?

Our team can help you navigate the SBA loan process and determine if it’s the right fit for your Dallas business. Start with a free consultation to review your qualifications and explore your options.