KRAM Capital is happy to help small business owners secure the commercial funding they need for their companies. The Small Business Administration 7a loan program offers up to $5 million in small business financing and is designed to help start-up companies and existing small businesses with financing for a variety of general business purposes, including start-up, acquisition, or expansion. Our experts will walk you through the entire process and guide you every step of the way. Start your application now!

What can the 7a be used for?

• 7 (a) loan can be used for most business purposes, including business-occupied real-estate purchases, start-up, expansion, equipment purchases, working capital or inventory. 

What is the borrowing limit?

• $5,000,000 max loan amount

What are the loan terms?

• Up to 25 years for commercial real estate
• Up to 10 years for working capital, inventory, and equipment

Who can occupy the real estate under 7a loan?

• Borrower must occupy 51% of the rentable property on purchase or renovation on existing building
• Borrower must occupy at least 60% of the rentable property on new construction. 60% occupy must be maintained for the life of the loan.

What is the MAX loan leverage with a 7a loan?

• Up to 90%

Eligible businesses and real estate include, but not limited to the following:

• Restaurants
• Auto Repair Shops
• Car Washes
• Assisted Living Facilities
• Self-Storage Facilities
• Hotels