Purchase or Refinance Commercial Real Estate with the sba 7(a) loan

With 25-year terms and interest rates ranging from 5.25% to 6.50%*, SBA Express 7(a) SBA loans are a great option for small businesses looking to refinance an existing commercial real estate mortgage, buy an office building or other owner-occupied commercial space.

 

How It Works

1) Pre-qualify for an SBA 7(a) Commercial Real Estate Loan

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 prequalify for an SBA commercial real estate loan from $350,000 to $5 million.

2) Provide Financial Information

Provide financial information about your business and its owners. Your dedicated Relationship Manager can help with any questions.

3) Accept Your Letter of Intent

You will receive a non-binding letter of intent (LOI) outlining details of the SBA commercial real estate loan so you can negotiate terms with the property seller or your existing lender.

4) Conduct Property Valuation

During the SBA commercial real estate application process, the property you’re interested in will be valued. Your dedicated Relationship Manager helps facilitate this step.

5) Get Funded

Upload requested documents to complete your application. We’ll work with you through the loan closing process. Funds can be wired for closing in as fast as 30 days after credit approval.

Examples of terms for refinancing or purchasing commercial properties

  • LOAN AMOUNT: $1 million
  • MONTHLY PAYMENT: $5,992
  • APR WITH FEES: 5.63%
  • LOAN TERM: 25 Years

  • LOAN AMOUNT: $2.5 million
  • MONTHLY PAYMENT: $14,981
  • APR WITH FEES: 5.64%
  • LOAN TERM: 25 Years

  • LOAN AMOUNT: $5 million
  • MONTHLY PAYMENT: $29,962
  • APR WITH FEES: 5.64%
  • LOAN TERM: 25 Years

Getting Started

Checking your cash flow is fast and easy and doesn’t require a social security number, or federal tax id number. Simply select the tax form your company filed and answer a few short questions.