How Buyers Finance a Business

Most main-street deals close with SBA 7(a) financing. Here's what lenders actually require — and the vetted lenders our brokers work with.

SBA lenders in network

Verified lenders

Typical down payment

10%

Typical term

10 years

SBA 7(a) Payment Calculator

Purchase price

$500,000$50,000 down (10%)

Estimated monthly payment

$5,579–$6,072

Loan of $450,000 · 10 years · 8.5–10.5% APR (current SBA band)

Quick Eligibility Quiz

Answer all 5 to get your readiness verdict.

The SBA 7(a) Playbook

1. Down payment

Lenders finance ~90% of the purchase. Buyers bring ~10% down plus closing costs — roughly 15% of price in cash.

2. Debt service coverage

Lenders want the business earnings (SDE) to cover the loan payment at least 1.25×. If it doesn’t, the price is too high for the earnings.

3. Credit & collateral

Personal credit 680+ and business collateral (equipment, real estate, receivables) strengthen approval odds.

4. The loan package

PFS, 2-year projections, 3 years of tax returns, collateral schedule, and a business plan — assembled before you shop the loan.

5. Seller financing

Sellers who carry a note (10–20%) make deals bankable and close faster.

SBA lenders referred by our brokers. Credentials as provided — verify directly.

Lenders are being onboarded. Ask any broker for an introduction.

Found a deal? Get it loan-ready.

Our brokers run every listing through a loan-readiness check — down payment, DSCR, package checklist — before it hits the market.

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