SBA Loans

We at Los Angeles Premiere Business Loans specialize in SBA loans that help businesses access government-backed financing with better rates and longer terms than conventional loans. SBA loans have repayment success rates over 90% because the Small Business Administration guarantees up to 85% of the loan amount, making them less risky for lenders. You can borrow up to $5 million with SBA 7(a) loans or up to $15 million with SBA 504 loans for real estate purchases.


We guide you through the SBA loan application process and help you understand SBA loan requirements so you get approved faster than trying to navigate the paperwork alone. Our competitive SBA loan rates are tied to the prime rate, and we offer SBA loans for startups that might not qualify for traditional bank financing. When you need substantial funding with the best possible terms and long repayment periods up to 25 years, SBA loans give you the lowest cost capital available.

SBA Loan Programs We Offer

We handle multiple SBA loan programs depending on what you need the money for and how much you want to borrow. Each program has different rules and benefits, so we help you pick the right one for your situation.

SBA 7(a) Loans for General Business Needs


You can get up to $5 million with SBA 7(a) loans for almost any business purpose, including working capital, equipment, inventory, or business acquisitions. These loans offer terms up to 25 years for real estate and 10 years for equipment with low down payments as little as 10%.


The government guarantees most of the loan, so we can approve businesses that traditional banks might turn down. Most business owners use these for expansion, buying existing businesses, or major equipment purchases that need longer payback periods.

SBA 504 Loans for Real Estate and Equipment


SBA 504 loans provide up to $15 million specifically for purchasing commercial real estate, construction, or major equipment with long-term financing up to 25 years. You put down 10% while the SBA covers 40% and we finance the remaining 50%, making large purchases affordable.


These loans come with fixed rates below market rates, saving you thousands over the loan term. Business owners love these for buying their own building instead of paying rent or purchasing expensive manufacturing equipment.

SBA Microloans for Smaller Needs


We offer SBA microloans up to $50,000 with flexible terms for smaller financing needs like inventory, supplies, or minor equipment purchases. These loans work great for newer businesses or those needing smaller amounts with easier qualification requirements.


The application process is simpler than larger SBA loans, and you can get approved faster. Many startups and small businesses use microloans to bridge cash flow gaps or fund initial growth.

SBA Express Loans for Faster Processing


SBA Express loans give you up to $500,000 with faster approval times, usually within 36 hours, compared to weeks for regular SBA loans. While the government guarantee is smaller, the speed makes these perfect when you need money quickly for time-sensitive opportunities.


These loans work for most business purposes and offer more flexibility in how you use the funds. Business owners choose Express loans when they need to move fast on deals or cover unexpected expenses.

Benefits of Getting SBA Loans Through Us

Working with us for your SBA loan means you get expert guidance through a complex process while avoiding the mistakes that delay approvals. We know exactly what the SBA wants to see and prepare your application correctly the first time.

We Know SBA Loan Requirements Inside and Out


Our team understands all the SBA loan requirements and paperwork needed for each program, so we prepare your application correctly from the start. We tell you exactly what documents to gather and help you present your business in the best light to SBA underwriters. This preparation prevents delays and rejections that happen when applications are missing required information or formatted incorrectly.

Get the Lowest SBA Loan Rates Available


Our SBA loan rates are competitive and tied to current prime rates, giving you some of the best financing costs available anywhere. Because SBA loans are government-backed, rates stay lower than conventional business loans even for longer terms. You save money every month with lower payments and pay less total interest over the life of the loan.

Access to SBA Loans for Startups and New Businesses


We help newer businesses and SBA loans for startups access government-backed financing even when they don't have long operating histories. The SBA programs we work with are designed to help small businesses that might not qualify for conventional bank loans. Our knowledge of these programs helps us position your application for approval even if you've been turned down elsewhere.

Understanding SBA Loan Terms and Requirements


SBA loans have specific eligibility requirements and terms that differ from conventional business loans.


Basic SBA Loan Requirements


Your business must operate for profit, meet SBA size standards for your industry, and demonstrate need for the loan proceeds. You need to show that you've invested your own time and money in the business and couldn't get financing elsewhere on reasonable terms. The business must be located in the United States and owned by U.S. citizens or legal residents.


Loan Amounts and Repayment Terms


SBA 7(a) loans go up to $5 million with terms up to 25 years for real estate and 10 years for equipment or working capital. SBA 504 loans provide up to $15 million for real estate and equipment with 20-25 year terms and fixed rates. Microloans max out at $50,000 with terms up to 6 years, while Express loans offer up to $500,000 with standard business loan terms.


Down Payment and Collateral Requirements


Most SBA loans require down payments of 10-15% depending on the loan type and what you're purchasing, much lower than conventional commercial loans. The SBA requires collateral when available, but won't decline loans solely due to lack of collateral if you're otherwise qualified. Personal guarantees are required from owners with 20% or more ownership in the business.

Frequently Asked Questions

  • What are the basic SBA loan requirements I need to meet?

    Your business must operate for profit, meet SBA size standards, and show you need the loan for legitimate business purposes. You also need to demonstrate that you can't get similar financing elsewhere on reasonable terms, and the business must be owned by U.S. citizens or legal residents.

  • How do SBA loan rates compare to regular business loans?

    SBA loan rates are typically 1-3% lower than conventional business loans because of the government guarantee, and they stay competitive even for longer repayment terms. Rates are tied to prime rate plus a margin, so you benefit when prime rates are low.

  • Can I use an SBA 7(a) loan to buy an existing business?

    Yes, SBA 7(a) loans work great for business acquisitions and can finance up to 90% of the purchase price in many cases. The SBA has specific requirements for business purchases, but we handle all the documentation needed for these transactions.

  • How long does the SBA loan application process take?

    Standard SBA loans typically take 30-90 days from complete application to funding, while SBA Express loans can close in 2-3 weeks. The timeline depends on loan complexity, how quickly you provide required documents, and current SBA processing volumes.

  • Do startups qualify for SBA loans or do I need to be in business for years?

    Many SBA programs work for startups and newer businesses, especially if you have industry experience and a solid business plan. The SBA wants to help small businesses get started, so don't assume you need years of operating history to qualify for government-backed financing.