Skip to main content
✦Prime Rate:7.00%✦Fed Funds:3.75%✦5 Yr Treasury:5.00%↓✦10 Yr Treasury:5.21%↓✦30 Yr Treasury:5.56%↓✦30 Yr Mortgage:7.40%·Updated Oct 13, 2026✦Prime Rate:7.00%✦Fed Funds:3.75%✦5 Yr Treasury:5.00%↓✦10 Yr Treasury:5.21%↓✦30 Yr Treasury:5.56%↓✦30 Yr Mortgage:7.40%·Updated Oct 13, 2026
Rates

90 percent on owner occupied plant is 504. Not a second bite.

SBA loan rates were 7a variable 9.50 to 11.75 percent and 504 fixed 6.00 to 7.00 percent for the week of October 1, 2026. At lock, the capital source sets the rate under the SBA program.

Project size
Projects start at 10 million dollars in total project cost. Owner occupied 504 is included.
How funds are used
Proceeds can cover business acquisition, franchise acquisition, multi unit expansion, and franchise buildout.
Equity and occupancy
A 12 million dollar plant requires 1.2 million dollars in, or 10 percent down, and occupancy of 51 percent or more.
Public financing example
In December 2025, other parties closed an SBA 504 project in California for chocolate manufacturing from cacao beans, with total project cost above 13 million dollars.

Talk to PeerSenseSend the file and Talk to PeerSense at (317) 452 6990 or the booking page
/ 01 · SBA 7(a) & 504 Capital Advisory
Search chip. 504 on the plant you occupy.

Bank 50, CDC 40, you 10. Occupy 51 percent plus. Full personal guaranty. A $12 million plant is $6 million bank, $4.8 million CDC, $1.2 million in. If you already used 7(a) and 504, the next stack is conventional or conduit from $10 million with cash in about 35 percent.

50 / 40 / 10
Bank, CDC, you
$8M
Worked example
$10M
Combined 7(a) + 504
Both used
35% in, $10M CRE
Talk to PeerSenseCall (317) 452 6990

Institutional capital advisory · Search chip. Combined 7(a) and 504 to $10 million. · Updated September 2026

Best rates available: Prime + 2.25% with 30%+ down, excellent credit, strong liquidity, and high net worth.

Rates, terms, and loan amounts shown are illustrative based on September 2026 market data and SBA program parameters. Final pricing and approval depend on credit qualification, sponsor profile, business performance, deal structure, and individual lender underwriting. PeerSense sources capital through a curated network of commercial lenders and capital sources.

SBA 7a limits October 2026

What are SBA loans 7a loan limits and rates in 2026?

SBA loans 7a limits and rates in 2026: the median stated maximum tracked is 5 million dollars as of October 2, 2026. Rates vary by capital source, so the applicable range is set by the capital source. Public reporting indicates that no 2025 or 2026 statute rewrote 7a size caps or guarantee percentages.

PeerSense is a capital advisory firm that places files with direct capital sources. PeerSense SBA work covers 7(a) and 504 projects of 10 million dollars and up in total project cost. A single SBA 7(a) loan is capped at 5 million dollars by law. The client pays the fee, and PeerSense does not lend, fund, approve, underwrite or hold loans.

PeerSense Capital Data tracks 157 SBA 7a capital source boxes, with 156 stating a size and a 5 million dollar median maximum. Accredited reported on August 20, 2026 that no 2025 or 2026 statute rewrote 7a size caps or guarantee percentages. These figures describe tracked market financing capacity, not PeerSense loans.

Tracked Lenders and Facilities

PeerSense Capital Data metrics as of October 2, 2026
SBA 7a capital source boxes tracked157
SBA 7a boxes with a stated size156
Median stated maximum 7a loan5 million dollars
SBA 504 boxes tracked129
Capital sources checked in the last 90 days1,329

These are tracked capital sources and market financings, not PeerSense loans, based on PeerSense Capital Data as of October 2, 2026.

As of October 2, 2026. Next refresh November 2, 2026. The data date is October 2, 2026, and it is refreshed monthly. Read the Methodology

Recent 7a market financings

Public financings tracked from December 2025
December 2025Self storage property financing5 million dollars
December 2025Specialty trade contractor financing3 million dollars
December 2025Pet care business financing4.2 million dollars
December 2025Hotel and motel financing3.4 million dollars
December 2025Accounting services financing4 million dollars
December 2025Specialty trade contractor financing3.7 million dollars

These are public market financings tracked by PeerSense Capital Data, not PeerSense transactions, and names are withheld.

Public Sources

Public corroboration includes the U.S. Small Business Administration, Accredited and Jaken Finance Group.

  • U.S. Small Business Administration (August 14 2026): SOP 50 10 8.1 establishes 90 percent loan guarantee for energy sector
  • Accredited (August 20 2026): No 2025 or 2026 statute rewrote 7a size caps or guarantee percentages
  • Jaken Finance Group (September 11 2026): Eligible borrowers can pair 7a with 504 up to the 10 million combined limit

Common Questions

Can SBA loans exceed 3 million dollars?
Yes. The tracked median stated maximum for 7a is 5 million dollars. PeerSense reviews SBA requests for projects of 10 million dollars and up in total project cost.
What is the 7a loan amount for a business acquisition?
The tracked median stated maximum for 7a is 5 million dollars. The applicable amount is set by the capital source.
How much can SBA loans provide for commercial real estate?
For owner occupied commercial real estate, PeerSense reviews 504 projects of 10 million dollars and up in total project cost. The applicable amount is set by the capital source.
What is the SBA 7a loan limit in 2026?
The tracked median stated maximum is 5 million dollars as of October 2, 2026. Accredited reported that no 2025 or 2026 statute rewrote 7a size caps.
How do I qualify for a large SBA loan?
The desk reviews PeerSense SBA requests for 7(a) and 504 projects of 10 million dollars and up in total project cost. The applicable amount and requirements are set by the capital source.

Calculators

Prepared by

Edward L. Freeman, Managing Director, is accountable for the PeerSense Capital Data program. The methodology page explains how the data is maintained. Read the Methodology

Discuss your SBA file

Send your financing need and current file details, then talk to PeerSense at (317) 452 6990 or use the booking page for an advisory review and placement with direct capital sources.

Talk to PeerSenseCall (317) 452 6990

The screen

A $12 million plant you occupy. 504 is $6 million bank, $4.8 million CDC, $1.2 million in. Occupy 51 percent plus. Full personal guaranty. That is the 10 percent down story.

If you already used 7(a) and 504, do not send that file for another 90 percent. July 4 opened combined 7(a) and 504 to $10 million. If both are used, the next stack is conventional or conduit from $10 million with cash in about 35 percent.

Talk to PeerSense
504
Owner occupied plant
Bank 50, CDC 40, you 10
$8 million
Worked example
$800,000 in. Not a second bite.
July 4
Combined cap
7(a) plus 504 to $10 million
Both used
Knockout
$10 million CRE, about 35% in

Indicative as of October 1, 2026. Not a quote. Lenders set final pricing at underwriting.

See your SBA structure and payment before you apply

Owner occupied real estate and equipment route to the 504 50/40/10 structure. Acquisitions and working capital route to 7(a).

SBA Structure SizerPeerSense lender intel · July 2026
Use of funds
Total project cost
Indicative read504 structure fit
Program read
SBA 504
50/40/10 structure
Est. monthly P&I
$48,889
Blended 6.56% over 25 years
Equity check
$800K
10% standard, 15 to 20% special use

The structure covers $4.00M as a bank first mortgage and $3.20M as a fixed-rate CDC second. Your equity is $800K at 10 percent. If 7(a) and 504 are already both used, this is not a second 90 percent.

Your SBA Lender Fit ReportPrepared from your inputs
Capital source laneOpen the report to view this line.
Pricing positioningOpen the report to view this line.
StructureOpen the report to view this line.
KnockoutOpen the report to view this line.
Recommended pathOpen the report to view this line.

Complimentary. We ask for your phone so a real advisor can walk it through with you. No credit pull, held in confidence.

Indicative only, as of October 1, 2026. Not a quote, commitment or offer of credit. Final pricing, leverage and terms are determined by the lender at underwriting, after full transaction materials are reviewed. PeerSense sources the file. The lender sets pricing. What these terms mean.

Indicative sizing from PeerSense lender intelligence, not an offer of terms or a quote. Final structure depends on full underwriting.

Last updated: ·By Ed Freeman, Capital Advisor. PeerSense

Quick Answer

What are the current SBA 7(a) loan interest rates in 2026?

Current SBA 7(a) variable rates are WSJ Prime + 2.25% to +3.00% (lender + loan size dependent), running approximately 9.00% to 9.75% on loans over $250K and 9.50% to 11.75% all in across smaller tiers as of May 2026. Fixed rate 7(a) loans price at WSJ Prime + 5% to +6%. The SBA caps spreads at Prime + 3.00% on loans $50K to $250K and Prime + 2.25% on loans over $250K. Borrowers can now combine SBA 7(a) + 504 financing up to $10M cumulative (effective July 4, 2026).

, PeerSense Capital Advisory · Written by Ed Freeman, Founder. Updated May 2026.

People Also Ask

What is the maximum SBA 7(a) loan amount in 2026?

The SBA 7(a) statutory cap is $5 million on a single loan to one borrower. Effective July 4, 2026, the SBA raised the combined SBA exposure cap to $10 million cumulative across 7(a) + 504 financing per borrower (up from the prior $5M/$5.5M individual ceilings). A single 7(a) note still cannot exceed $5M, but a sponsor can now stack a $5M 7(a) for working capital and a $5M 504 for real estate or heavy equipment on the same business. Above $10M, borrowers route to conventional bank, CMBS, or asset based programs among capital sources.

How do SBA 7(a) interest rates compare to conventional commercial loans?

SBA 7(a) variable rates run 9.00% to 11.75% in May 2026 (Prime + 2.25% to +3.00%), which is typically 100 to 300 basis points higher than a conventional bank commercial loan to a comparable borrower. The SBA premium funds the federal guaranty, longer amortization (up to 25 years on real estate), and a federal guaranty that can support higher leverage than a conventional bank note. Credit and equity injection are lender underwriting. PeerSense does not set a FICO floor or a typical down. Borrowers needing goodwill financing or a business acquisition often net cheaper total cost of capital with 7(a).

What credit score do I need for an SBA 7(a) loan?

The SBA itself does not publish a minimum FICO. Credit is the individual lender's underwriting. PeerSense does not set a FICO floor. Talk to PeerSense.

SBA Loan Rates at a Glance, May 2026

As of

  • SBA 7(a) Variable9.50 to 11.75%
    Term
    Up to 25 yr
    Loan Size
    $50K to $5M
    Best For
    Acquisitions, working capital, goodwill
  • SBA 7(a) Fixed9.75 to 12.25%
    Term
    Up to 25 yr
    Loan Size
    $50K to $5M
    Best For
    Rate lock budget certainty
  • SBA 504 (CDC portion)5.50 to 6.50%
    Term
    20 to 25 yr
    Loan Size
    $125K to $5.5M
    Best For
    Owner occupied real estate + heavy equipment
  • SBA Express11.00 to 13.50%
    Term
    Up to 10 yr
    Loan Size
    $25K to $500K
    Best For
    Working capital, fast close (30 to 45 days)
  • SBA MARC9.50 to 11.75%
    Term
    Up to 25 yr
    Loan Size
    $50K to $5M
    Best For
    Manufacturing in rural / underserved markets

Rates indicative based on May 2026 lender quotes across 899+ SBA approved lenders. Borrower-specific pricing depends on credit, collateral, term, and lender. Base rate = Prime (6.75% as of May 2026).

See full daily updated SBA rate detail at Today’s SBA Loan Rates, or compare across all programs at the Commercial Lending Rates Hub. See SBA lending data by metro or by industry.

2026 Market Data

FY2024 SBA 7(a): 70,241 loans approved, $46.5B volume (+12% YoY)Avg Loan Size: $479,000Top Sector: Accommodation & Food Services (16.7%)Manufacturing Approval: 65 to 75% (above average)Fintech Share: 15 to 20% of total SBA volume

Checking SBA for owner occupied plant?

90 percent is 504. If both 7(a) and 504 are already used, the next stack is $10 million plus real estate with about 35 percent in. Tell us occupancy, existing SBA, and what is left on the cap.

SBA 7(a) / 504: The desk will reach out. No obligation.

How big is your deal?
Where are you in the deal?
Equity or down payment ready
Credit score
Timeline to close
SBA already on the books?
What best describes your company
Liquid funds available outside this deal

Referral fee realized at closing · Or call (317) 452 6990

SBA 7(a) Rate Anatomy

How SBA 7(a) Pricing Actually Builds: Benchmark, Spread Caps, & Effective Rate

SBA 7(a) is a spread over benchmark product. The benchmark is WSJ Prime; the spread is capped by SBA SOP based on loan size. A highly capitalized borrower with a clean file does not negotiate the cap. The cap is the price. What varies is whether a lender in our network will price at the cap, inside the cap, or push fixed.

Benchmark Anchors: May 2026

WSJ Prime Rate

6.75%

Live · as of 2026-09-07 (cached)

91 Day T Bill

~4.20%

Reference benchmark · not used for 7(a) pricing directly

SBA 7(a) Variable Band

9.00 to 9.75%

Prime + 2.25% to +3.00% for loans >$50K

SBA 7(a) Fixed Band

11.75 to 12.75%

Prime + 5 to 6% (rate lock premium, ~150 to 200 bps)

WSJ Prime is sourced from the FRED DPRIME series via the live PeerSense market rates hook; it resets the day after the FOMC moves Fed Funds. SBA 7(a) variable rates re price quarterly to the new Prime on the first business day of January, April, July, and October.

SBA 7(a) Variable Rate Caps by Loan Size

The SBA caps the spread a lender in our network can charge over WSJ Prime, scaled by loan size. Larger files price tighter because the SBA guaranty fee + collateral + PG package compensates the lender.

Loan Size TierSBA Cap (Spread Over Prime)Indicative All inWhere It Applies
$50,000 or lessPrime + 4.25%11.00%Statutory ceiling, small balance only
$50,001 to $250,000Prime + 3.00%9.75%Most common small loan SBA bucket
Over $250,000Prime + 2.25%9.00%Mid market acquisitions, owner occupied CRE
$50K to $5M (Fixed)Prime + 5.00 to 6.00%11.75 to 12.75%Optional rate lock structure; rarely offered >$1M

Caps reflect SBA SOP 50 10 8 effective March 2026. Lenders in our network occasionally price inside the cap to win institutional borrowers with strong global cash flow, post close liquidity >$250K, and clean affiliation profiles. The price the cap states is the worst case, not the only case. See 7(a) vs. 504 comparison for when fixed rate 504 beats variable 7(a) on long hold real estate deals.

Worked Example: $1.5M Acquisition at Prime + 2.75%

10 Year Fully Amortizing SBA 7(a): Effective Rate & Monthly P&I

Loan Structure

  • Loan Amount$1,500,000
  • Use of ProceedsBusiness acquisition (goodwill heavy)
  • BenchmarkWSJ Prime (6.75%)
  • Spread+2.75% (mid tier institutional)
  • All in Variable Rate9.50%
  • Term / Amortization10 yr / fully amortizing

Resulting Debt Service

  • Monthly P&I~$19,410
  • Annual Debt Service~$232,920
  • Total Interest (10 yr)~$829,156
  • Total Repaid~$2,329,200
  • SBA Guaranty Fee (est.)~3.5% / ~$52,500
  • DSCR Required≥1.25× (PLP standard)

Note on Amortization Structure

SBA 7(a) loans amortize fully from day one. Interest only periods are not a standard feature. Lenders in our network occasionally negotiate a brief 3 to 6 month interest only stub for acquisitions with seasonality, but the SBA SOP requires the loan to reach full amortization quickly. Borrowers needing extended I/O typically pair the SBA 7(a) with a bridge or seller note rather than re structuring the 7(a). The variable rate re prices quarterly with WSJ Prime. A 25 bps Fed cut moves the monthly P&I above by roughly ~$313/month on this structure. Compare against our SBA loan calculator to flex term, rate, and loan amount.

What Moves SBA 7(a) Volume Week to Week

Cyclical Drivers of SBA Lender Capacity

SBA Lender Match submission counts and overall 7(a) origination volume swing meaningfully across the fiscal year, and that swing affects how aggressively lenders in our network price and how quickly they move files through PLP credit. Live weekly Lender Match counts are not published on a syndicated feed; we track the underlying drivers instead.

1. Rate Environment

A falling Prime cycle pulls demand forward. Buyers race to lock acquisitions while debt service is moving lower. Rising Prime slows speculative refi demand but accelerates fixed rate 504 conversions.

2. 7(a) Cap Utilization (FY)

The SBA 7(a) program operates against an annual authorization ceiling. When YTD volume runs above the trailing 3 year pace (as it has in FY26), lenders tighten credit boxes earlier in Q4 (July Sep) to preserve guaranty capacity.

3. SBA SOP Cycle

Each new SOP (50 10 8 became effective March 2026) ripples through lender intake forms for ~60 days post effective date. During the transition window, marginal files get re routed or delayed. Pricing widens defensively.

4. Combined 7(a) + 504 Cap (Effective 2026-07-04)

A combined $10M SBA exposure cap across 7(a) and 504 stacks for a single borrower affiliate group is now in effect as of July 4, 2026. Large multi property and multi entity sponsors should size the stack now while the existing aggregation rules apply.

Sources: SBA 7(a) weekly lending report (sba.gov/partners/lenders/7a-504-lender-reports), SOP 50 10 8 (effective March 1, 2026), FRED DPRIME for WSJ Prime tracking. PeerSense matches institutional borrowers (sponsor led acquisitions, owner operator CRE, manufacturing facility expansions) to the SBA preferred lender in our network with the highest current capacity for the file’s size, industry, and NAICS overlay. See active SBA loan rate detail, 7(a) vs 504 comparison, and SBA loan calculator for current terms across the network.

Qualification Criteria

What It Takes to Qualify for $500K+ in SBA Capital

SBA loans are not for every borrower. These are the baseline requirements lenders evaluate before issuing a term sheet.

U.S. Citizen or National

All direct and indirect owners must be U.S. citizens or U.S. nationals with principal residence in the United States. Green card holders are no longer eligible as of March 2026.

Equity Injection

Equity injection is lender and CDC underwriting. PeerSense does not set a typical down. Talk to PeerSense.

Credit

Credit is the lender's underwriting. PeerSense does not set a FICO floor. Capture the score on the form. Talk to PeerSense.

Sufficient Liquid Capital and Net Worth

Lenders evaluate your post closing liquidity and overall net worth. Stronger balance sheets lead to better rates and faster approvals.

For Profit U.S. Business

The business must be for profit, operating in the United States, and fall within SBA size standards. Most operating businesses qualify.

Clear Use of Funds

Acquisition, real estate, equipment, working capital, or expansion. Lenders need to see a defined purpose and a plan for how the capital will be deployed.

Not Sure If Your Deal Qualifies?

Talk to PeerSense. The desk will give a straight read on the file.

Talk to PeerSenseCall (317) 452 6990

SBA 7(a) vs. SBA 504: Which Program Fits Your Deal?

Both programs offer long term, low rate financing, but they serve different purposes. Here's how to know which one applies to your situation.

SBA 7(a): The Core Program

Up to $5M

Used for business acquisitions, working capital, equipment, real estate, partner buyouts, and startup costs. Variable and fixed rate options available. Up to 25 years for real estate, 10 years for working capital.

Why it's powerful:

Lower down payment requirements, longer terms, and government guarantee reduces lender risk, making approval more accessible.

New: October 2025

SBA MARC Loan: Made in America

Up to $5M revolving

The SBA's first program exclusively for manufacturers. Available to businesses with NAICS codes 31 to 33 (manufacturing). Can be structured as a term loan (up to 10 years) or revolving line of credit (up to 20 years).

Why it's powerful:

Works alongside existing 7(a) and 504 loans, not a replacement. Designed for working capital: inventory, new projects, scaling production. If you're a manufacturer, this is the most important new financing tool available right now.

SBA 504: Fixed Assets and Real Estate

Up to $5.5M

Best for purchasing or constructing buildings, buying heavy equipment with 10+ year useful life. Structure: bank covers 50%, SBA backed CDC covers 40%, borrower puts in 10%.

Why it's powerful:

Fixed long term rates (typically 5 to 7%), 20 to 25 year terms. Powerful for manufacturers buying their own facility. Up to $5.5M for manufacturers and green energy projects.

SBA Working Capital Pilot (WCP)

Up to $5M

Pilot program running through July 2027. Monitored revolving lines of credit designed for growing businesses with short term capital needs.

Why it's powerful:

Combines the best features of existing SBA line of credit programs with more flexible terms and faster access to capital.

SBA CAPLines

Varies by type

Umbrella program for cyclical working capital: Seasonal CAPLine, Contract CAPLine, Builders CAPLine, Working CAPLine. Max 10 year maturity (Builders CAPLine: 60 months plus construction time).

Why it's powerful:

Designed specifically for businesses with seasonal or contract based revenue cycles. Provides flexible access to capital when you need it most.

USDA B&I

Up to $25M

For rural markets under 50,000 population. Up to 90% loan to cost. 30 year terms available.

Why it's powerful:

Often overlooked. PeerSense has direct access to USDA B&I specialists. Excellent option for businesses in eligible rural areas with favorable terms.

Three Steps to SBA Financing

No runaround. No wasted applications. One clear path from deal to funded.

Talk to PeerSense

What are you acquiring, building, or expanding? How much capital do you need? We start by understanding your specific deal, not running you through a generic intake form.

Talk to PeerSense

From 899+ SBA lenders in our network, we identify who specializes in deals like yours, who moves fastest, and who offers the best terms for your profile. One targeted introduction. Not a shotgun approach.

Term Sheet and Pre Qualification

You receive a term sheet and pre qualification from the matched lender, typically within days. From there, you move through underwriting and closing with a lender who already understands your deal.

Talk to PeerSense

Or call directly: (317) 452 6990

Program Comparison

SBA Specialty & Working Capital Program Comparison

Side by side eligibility and pricing for the four SBA and SBA adjacent working capital programs capital sources actively places in 2026. The Grocery Guarantee and Made in America programs are SBA 7(a) variants with industry specific underwriting; the standard 7(a) Working Capital is for loans up to $350,000; NEWITY Growth Term is a non SBA growth loan for businesses that don't fit SBA or need faster funding.

Loan Amount
SBA 7(a) Working Capital: Up to $350,000
SBA Grocery GuaranteeGrocery & specialty food
Up to $1M working capital ($5M for fixed assets)
SBA Made in AmericaDomestic manufacturing
Up to $1M working capital ($5M for fixed assets)
SBA 7(a) Working CapitalUp to $350K
Up to $350,000
NEWITY Growth TermNon SBA, faster funding
$25,000 to $200,000
Interest Rate
SBA 7(a) Working Capital: Prime + 2.75% to 3.75%
SBA Grocery GuaranteeGrocery & specialty food
WSJ Prime + 3.00%
SBA Made in AmericaDomestic manufacturing
WSJ Prime + 3.00%
SBA 7(a) Working CapitalUp to $350K
Prime + 2.75% to 3.75%
NEWITY Growth TermNon SBA, faster funding
Target 15% to 24% (risk based)
Term
SBA 7(a) Working Capital: 10 years
SBA Grocery GuaranteeGrocery & specialty food
10 years
SBA Made in AmericaDomestic manufacturing
10 years
SBA 7(a) Working CapitalUp to $350K
10 years
NEWITY Growth TermNon SBA, faster funding
10 years
Credit
SBA 7(a) Working Capital: Lender underwrites
SBA Grocery GuaranteeGrocery & specialty food
Lender underwrites
SBA Made in AmericaDomestic manufacturing
Lender underwrites
SBA 7(a) Working CapitalUp to $350K
Lender underwrites
NEWITY Growth TermNon SBA, faster funding
Lender underwrites
SBSS Score
SBA 7(a) Working Capital: 170+ (180+ for 0 employee)
SBA Grocery GuaranteeGrocery & specialty food
N/A
SBA Made in AmericaDomestic manufacturing
N/A
SBA 7(a) Working CapitalUp to $350K
170+ (180+ for 0 employee)
NEWITY Growth TermNon SBA, faster funding
N/A, requires positive EBITDA most recent return
Time in Business
SBA 7(a) Working Capital: 2+ yrs · 4+ yrs construction
SBA Grocery GuaranteeGrocery & specialty food
2+ yrs ≤$350K · 3+ yrs >$350K · 4+ yrs construction
SBA Made in AmericaDomestic manufacturing
2+ yrs ≤$350K · 3+ yrs >$350K · 4+ yrs construction
SBA 7(a) Working CapitalUp to $350K
2+ yrs · 4+ yrs construction
NEWITY Growth TermNon SBA, faster funding
2+ yrs · 4+ yrs construction
Annual Revenue
SBA 7(a) Working Capital: $100K+ (0 employee: 50%+ revenue from multiple sources)
SBA Grocery GuaranteeGrocery & specialty food
$100K+ (0 employee: 50%+ revenue from multiple sources)
SBA Made in AmericaDomestic manufacturing
$100K+ (0 employee: 50%+ revenue from multiple sources)
SBA 7(a) Working CapitalUp to $350K
$100K+ (0 employee: 50%+ revenue from multiple sources)
NEWITY Growth TermNon SBA, faster funding
$100K+
Max Loan Size Determinant
SBA 7(a) Working Capital: Lesser of 1.10x DSCR and 50% of revenue (up to $150K) or 35% of revenue ($150 to 350K)
SBA Grocery GuaranteeGrocery & specialty food
≤$350K: 1.10x DSCR · >$350K: lesser of 1.15x DSCR, 1.0x global DSCR, 35% of annual revenue
SBA Made in AmericaDomestic manufacturing
≤$350K: 1.10x DSCR · >$350K: lesser of 1.15x DSCR, 1.0x global DSCR, 35% of annual revenue
SBA 7(a) Working CapitalUp to $350K
Lesser of 1.10x DSCR and 50% of revenue (up to $150K) or 35% of revenue ($150 to 350K)
NEWITY Growth TermNon SBA, faster funding
60% of revenue less business debt OR 1.25x DSCR (EBITDA/total debt service) up to 75% of revenue
Average Cash Balance
SBA 7(a) Working Capital: 6 mo avg ending balance ≥ 3 months of new loan payment ($1,500 to $15,000)
SBA Grocery GuaranteeGrocery & specialty food
N/A
SBA Made in AmericaDomestic manufacturing
N/A
SBA 7(a) Working CapitalUp to $350K
6 mo avg ending balance ≥ 3 months of new loan payment ($1,500 to $15,000)
NEWITY Growth TermNon SBA, faster funding
N/A
Collateral
SBA 7(a) Working Capital: UCC liens on all business assets · max 4th position · personal guarantee 20%+
SBA Grocery GuaranteeGrocery & specialty food
Business collateral required (business assets + personal RE if shortfall >$350K)
SBA Made in AmericaDomestic manufacturing
Business collateral required (business assets + personal RE if shortfall >$350K)
SBA 7(a) Working CapitalUp to $350K
UCC liens on all business assets · max 4th position · personal guarantee 20%+
NEWITY Growth TermNon SBA, faster funding
UCC liens on all business assets · max 4th position · personal guarantee 20%+
Est. Fees (excl. SBA guaranty fee)
SBA 7(a) Working Capital: 5% loan amount (≤$150K) · 3% loan amount ($150K to $350K)
SBA Grocery GuaranteeGrocery & specialty food
N/A
SBA Made in AmericaDomestic manufacturing
N/A
SBA 7(a) Working CapitalUp to $350K
5% loan amount (≤$150K) · 3% loan amount ($150K to $350K)
NEWITY Growth TermNon SBA, faster funding
5.5% of loan amount
Ownership Citizenship
SBA 7(a) Working Capital: 100% U.S. citizens or U.S. nationals (SBA rule effective March 1, 2026)
SBA Grocery GuaranteeGrocery & specialty food
100% U.S. citizens or U.S. nationals (SBA rule effective March 1, 2026)
SBA Made in AmericaDomestic manufacturing
100% U.S. citizens or U.S. nationals (SBA rule effective March 1, 2026)
SBA 7(a) Working CapitalUp to $350K
100% U.S. citizens or U.S. nationals (SBA rule effective March 1, 2026)
NEWITY Growth TermNon SBA, faster funding
Non SBA program; requirements vary by lender. Confirm current criteria before applying.
Eligible Uses
SBA 7(a) Working Capital: Working capital (operating expenses, payroll, inventory)
SBA Grocery GuaranteeGrocery & specialty food
Expansion & modernization · real estate & equipment · tech/inventory/supplies · working capital
SBA Made in AmericaDomestic manufacturing
Facility & line modernization · equipment · supply chain diversification · production relocation to U.S. · domestic workforce hiring
SBA 7(a) Working CapitalUp to $350K
Working capital (operating expenses, payroll, inventory)
NEWITY Growth TermNon SBA, faster funding
Growth capital: expansion, marketing, inventory, equipment, working capital
MCA History
SBA 7(a) Working Capital: No MCA in the last 6 months
SBA Grocery GuaranteeGrocery & specialty food
N/A
SBA Made in AmericaDomestic manufacturing
N/A
SBA 7(a) Working CapitalUp to $350K
No MCA in the last 6 months
NEWITY Growth TermNon SBA, faster funding
N/A
Bankruptcy Rules
SBA 7(a) Working Capital: No active BK · Ch 13 OK if discharged 3+ yrs and current
SBA Grocery GuaranteeGrocery & specialty food
No active BK · Ch 13 OK if discharged 3+ yrs and current
SBA Made in AmericaDomestic manufacturing
No active BK · Ch 13 OK if discharged 3+ yrs and current
SBA 7(a) Working CapitalUp to $350K
No active BK · Ch 13 OK if discharged 3+ yrs and current
NEWITY Growth TermNon SBA, faster funding
N/A

Indicative only, as of May 2026. Not a quote, commitment or offer of credit. Final pricing, leverage and terms are determined by the lender at underwriting, after full transaction materials are reviewed. PeerSense sources the file. The lender sets pricing. What these terms mean.

Program criteria current as of May 2026.

NEWITY is not an SBA lender; SBA 7(a) loans are ultimately processed and approved by a lender participant in SBA's 7(a) loan program. Criteria sourced from active lender intake materials dated May 2026.

Documents Needed

SBA Loan Document Checklist by Program

Exact documents our SBA capital sources requires to underwrite each program. Prepare these before requesting an indication. Complete packages close 15 to 30 days faster.

SBA 7(a) Loans

  • 2024 & 2025 Business Tax Return (or 2025 extension)
  • Most recent Personal Tax Return for majority owner
  • Business Bank Statements for the past six months
  • Business Debt Schedule, if applicable
  • Most recent Business Credit Card statement(s), if applicable

Additional documents for special circumstances

  • Most recent Affiliated Business Tax Return if your business(es) meet SBA affiliation criteria
  • Corporate Bylaws / Operating Agreement, if applicable
  • Active Lease Agreement, if applicable
  • Schedule of Furniture, Fixtures and Equipment, if applicable

SBA Grocery Guarantee Loans & SBA Made in America Loans

Loans up to $350,000

  • 2024 & 2025 Business Tax Return (or 2025 extension)
  • Most recent Personal Tax Return for majority owner(s)
  • Business Bank Statements for the past six months
  • Business Debt Schedule, if applicable

Loans over $350,001

  • 2023, 2024, and 2025 Business Tax Return (or 2025 extension)
  • Most recent Personal Tax Return for majority owner(s)
  • Business Bank Statements for the past twelve months
  • Business and Affiliate Debt Schedule, if applicable
  • Personal Debt Schedule for majority owner(s), if applicable
  • Interim P&L and Balance Sheet dated within 90 days

NEWITY Growth Term Loans

Funding temporarily paused due to high demand. Anticipated to resume Q2 2026.

  • Most recent Business Tax Return
  • Business Bank Statements for the past six months
  • Business Debt Schedule, if applicable

Document requirements verified with our active SBA lender relationships as of May 2026. Specialty programs may require additional items depending on borrower profile, industry NAICS code, and deal size.

Why Use an Advisor Instead of Going Directly to a Bank?

Why SBA loans are the preferred choice for business financing

Not All SBA Lenders Are Equal

Some specialize in acquisitions, some in manufacturing, some in franchises. We know which lenders move fast and which ones stall, Talk to PeerSense before a file goes to the wrong desk.

Structuring Matters

Seller notes, equity injection, CAPLines combinations can dramatically change your deal economics. We help you structure it right from the start.

We Know Which Lenders Move Fast

Speed matters in acquisitions and time sensitive deals. We know which lenders close in 30 days and which ones take 90. We point you to the right one.

Fee at Closing

We earn a referral fee at closing, paid by the lender, the borrower, or split between both depending on how the deal is structured. The fee is established upfront in our agreement. If your deal doesn't close, we don't get paid.

Worked Examples

How SBA Loans Actually Get Structured: Three Real Deal Patterns

Three structures PeerSense regularly arranges in 2026: a $1.5M SBA 7(a) business acquisition, a $3M SBA 504 owner occupied real estate purchase, and a $250K SBA Express working capital line. Numbers reflect May 2026 lender quotes.

Example 1

$1.5M SBA 7(a) Business Acquisition: Light Industrial Service Co.

Deal Snapshot

  • TargetHVAC service co., 18 yr operating
  • Purchase Price$1,650,000 (3.0× SDE)
  • Trailing SDE$550,000
  • Goodwill / Blue Sky$1,200,000
  • Buyer Equity$165,000 (10%)
  • Seller Note$165,000 (10%, full standby 24 mo)

SBA 7(a) Loan Terms

  • Loan Amount$1,500,000 (90.9%)
  • RatePrime + 2.25% = 9.00% var.
  • Term / Amortization10 yr (no real estate)
  • SBA Guaranty Fee~3.5% ($52.5K)
  • Monthly P&I~$19,000
  • DSCR Post Close1.85× (cash flow basis)

Why This Structure Wins

The SBA Preferred Lender approved 90% leverage because (1) the seller agreed to a 24 month full standby seller note that the SBA counts as equity, (2) buyer post closing liquidity exceeded $250K, and (3) the buyer’s operations background mapped to NAICS 238220. PLP authority closed the deal in 47 days. Total fees (guaranty + packaging + legal): ~$78K rolled into the loan. Net buyer cash to close: $185K including working capital cushion.

Example 2

$3M SBA 504: Owner Occupied Manufacturing Facility

Project Cost Breakdown

  • Total Project Cost$3,750,000
  • Land + Building$3,250,000 (45,000 SF)
  • Soft Costs / FF&E$500,000
  • Owner Occupancy100% (single tenant)
  • NAICS332710 (Machine Shops)
  • Borrower Down (10%)$375,000

504 Capital Stack: 50/40/10

  • Bank 1st (50%)$1,875,000 @ 7.50% / 25 yr
  • CDC / SBA 504 (40%)$1,500,000 @ 6.10% / 25 yr fixed
  • Borrower Equity (10%)$375,000
  • Blended Rate~6.88%
  • Combined Monthly P&I~$23,500
  • Manufacturer BonusCap raised to $5.5M project

Why This Structure Wins

SBA 504 beat conventional CRE on two dimensions: (1) the CDC’s 40% portion locked at 6.10% for 25 years (no balloon), and (2) the blended cost is ~150 bps under conventional non recourse CRE for owner occupied manufacturers. Equity injection is lender and CDC underwriting. The bank lien on the 50% first is fully recourse but the 504 portion is non recourse. Closing took 65 days because the appraisal and environmental Phase I ran in parallel with CDC submission.

Example 3

$250K SBA 7(a) Small Loan: Working Capital Expansion

Borrower Profile

  • IndustrySpecialty food mfg., 4 yr
  • Annual Revenue$1,800,000
  • Net Income$220,000
  • CreditLender underwrites
  • SBSS Score182
  • Use of ProceedsInventory + co packing equipment

SBA 7(a) Small Loan Terms

  • Loan Amount$250,000
  • RatePrime + 2.75% = 9.50%
  • Term10 yr fully amortized
  • SBA Guaranty Fee0% (sub-$1M waiver FY2026)
  • Monthly P&I~$3,235
  • Time to Fund21 days (PLP credit scored)

Why This Structure Wins

Loans under $350K close fastest because they qualify for SBA credit scored underwriting (SBSS 155+ required, 165+ preferred). Four years operating plus positive net income is a clean small loan file. Credit is lender underwriting. PeerSense does not set a FICO floor. Several national SBA platforms run programmatic SBA Small Loan credit boxes built for exactly this file. UCC blanket lien on business assets is the only collateral; no personal real estate required under $350K. Borrower kept inventory funding revolving and used proceeds to add a second co packing line. Projected revenue lift: 35% over 12 months.

SBA Capital Channels

Where SBA 7(a) & 504 Capital Comes From in 2026

The U.S. SBA market has 1,500+ approved 7(a) participating lenders, but the top 30 originate ~70% of total volume. Capital channels split into volume leader specialty banks, major bank SBA divisions, vertical specialists, regional preferred lenders, and 504 CDC partners. PeerSense routes every deal to the lender with the highest execution probability for the borrower's industry, size, and geography.

Top National 7(a) Volume Lenders

~10 PLP status lenders originate the majority of national 7(a) volume, split between vertical specialty SBA banks (vet, dental, hotel, self storage, automotive) and major bank SBA divisions with broad industry coverage. Strongest combination of PLP fast approval and deal size capacity. PeerSense routes to the category that fits your industry + deal size.

Franchise & Acquisition Specialists

Specialty franchise SBA preferred lenders with deep SBA Franchise Directory coverage and multi unit operator focus. Best for QSR + service brand franchise acquisition deals.

Hotel / Hospitality SBA Specialists

Hotel SBA preferred lenders with hospitality vertical depth plus 504 CDCs (Mountain West Small Business Finance, TMC Financing, CDC Small Business Finance). Best for owner operator hotel acquisitions, particularly Hampton / HIE / La Quinta with SBA 7(a) or 504.

Manufacturing, Working Capital & Regional Bank SBA

Vertical and regional SBA preferred lenders: super regional and community bank platforms with manufacturing and healthcare vertical depth. Best for regional sponsor profiles where geographic match matters. PeerSense routes by vertical, geography, and credit box rather than publishing a bank list that goes stale.

See full directory of 899+ active SBA approved lenders →|

SBA SOP 50 10 8 Overlays

SBA SOP Overlays That Actually Decide Your Deal

The SBA Standard Operating Procedure (SOP 50 10 8, effective March 2026) governs every 7(a) and 504 loan. These eight overlays are the rules that most often surface during underwriting and determine whether your file moves to PLP credit memo or gets re routed.

SOP OverlayWhat It TestsThreshold / RuleCommon Failure Mode
Citizenship100% U.S. citizen / U.S. national ownership100% direct + indirect (March 2026 rule)Green card holder ownership now disqualifies; trust held interests must be re papered
Owner Occupancy (504 + 7(a) RE)Operating company occupies CRE51% existing buildings · 60% new constructionTenant leased space > 49% kills 504 eligibility
Size StandardsBusiness under SBA size standard for NAICS≤$8M tangible net worth · ≤$5M avg net income (alt.)High revenue specialty co’s (e.g., NAICS 541330) trip the threshold
Affiliation RuleCommon ownership / control aggregationAll affiliated entities consolidated for size testHoldco / sister company revenue rolls in and breaches size
Personal GuarantyAll 20%+ owners sign unlimited PG20%+ ownership = PG · 5 to 20% may PG at lender discretionSpousal interest aggregation often forces non owner spouse to PG
Collateral AdequacyLien on all available business + personal REUCC blanket + 25%+ equity in personal RE if shortfallLender pulls home equity lien even on $250K loans if business has no hard collateral
Equity InjectionBuyer skin in the game on changes of ownership10% min · standby seller note can count if 24 mo full standbyBorrowed equity (HELOC, gift) without forgiveness language fails the test
Form 159 DisclosureDisclosure of fees paid to packagers / agentsRequired > $2,500 in agent fees · borrower + lender signHidden packager fees discovered post close trigger SBA recoupment
Credit Elsewhere TestBorrower can’t obtain credit on reasonable terms elsewhereLender certifies in credit memoStrong balance sheet borrowers occasionally re routed to conventional
Franchise DirectoryBrand listed in SBA Franchise DirectoryBrand must appear with no addendum issuesRecently de listed brands or brands needing addendum delay closings 30 to 60 days

Reference: SBA SOP 50 10 8 (effective March 1, 2026). PeerSense pre screens every deal against all 10 overlays before submitting to a lender, eliminating the 30 to 60 day delay caused by SOP driven re routing mid underwriting.

Frequently Asked Questions

Do I Qualify for an SBA Loan?

Basic requirements for SBA loan eligibility

Credit is the lender's underwriting. The SBA does not publish a minimum FICO. PeerSense does not set a FICO floor. Talk to PeerSense.

Yes. Lenders need to see that your business generates enough cash flow to repay the loan. Two years of tax returns and financial statements are standard. Newer businesses can still qualify with strong personal credit, a compelling business plan, and collateral.

It depends on the loan size and program. For loans over $50K, lenders will typically take available business and personal assets as collateral, but lack of collateral alone won't disqualify you if the overall profile is strong.

SBA loans are specifically designed for businesses that cannot obtain financing on reasonable terms elsewhere. If a bank said no, SBA may be your best next step.

Nonprofits, real estate investment firms, lenders, religious organizations, and businesses engaged in marijuana or hemp products are generally ineligible. Most operating for‑profit businesses qualify.

Effective March 1, 2026, the SBA requires 100% of direct and indirect owners of a small business loan applicant to be U.S. citizens or U.S. nationals, with their principal residence in the United States. Legal permanent residents (green card holders) are no longer eligible for SBA 7(a) or 504 loans. All owners must maintain their principal residence in the United States, its territories, or possessions. Lenders must verify citizenship status before loan approval.

Preferred SBA lenders can close in 30‑60 days on clean deals. Complex acquisitions or construction projects may take longer. The fastest path is coming in prepared. PeerSense helps you do that before your first lender call.

Updated for 2026

New SBA Citizenship & Ownership Requirements

Understanding SBA citizenship and residency requirements

100% U.S. Citizenship Required

Every direct and indirect owner of the applicant business must be a U.S. citizen or U.S. national. No exceptions, even minority stakeholders.

Green Card Holders Are Ineligible

Lawful Permanent Residents (LPRs) can no longer hold any ownership interest in a business applying for SBA 7(a) or 504 loans.

U.S. Principal Residence Required

All owners must maintain their principal residence in the United States, its territories, or possessions at the time of application.

Applies to All Entities

These requirements apply to the applicant business, operating companies, and any eligible passive companies involved in the loan structure.

Lender Verification Mandatory

Lenders must verify citizenship status and confirm no ineligibility exists for any owner before loan approval can proceed.

Effective Date: March 1, 2026

These rules take effect on March 1, 2026. Applications submitted before this date may still be processed under prior eligibility standards.

Quick Eligibility Checklist

All boxes must be checked for SBA 7(a) or 504 eligibility under the new rules

All owners (direct and indirect) are U.S. citizens or U.S. nationals
No owner is a lawful permanent resident (green card holder), including conditional LPR status
All owners maintain principal residence in the U.S., its territories, or possessions
Business is a for-profit, operating company eligible under SBA size standards
Business is not in an excluded industry (nonprofits, real estate investment, lending, etc.)
Credit is lender underwriting. PeerSense does not set a FICO floor.
At least 2 years of business tax returns and financial statements available
Clear use of funds identified (acquisition, equipment, real estate, working capital)
MANUFACTURING SPOTLIGHT

SBA Programs for U.S. Manufacturers

Special SBA programs designed specifically for U.S. manufacturers

New Oct 2025

MARC Loan Program

Up to $5M revolving working capital exclusively for manufacturers (NAICS 31 to 33)

SBA 7(a) for Manufacturing

Up to $5M for equipment, working capital, real estate, and business acquisitions

SBA 504 for Manufacturing

Up to $5.5M for buildings and heavy equipment. Equity injection is lender and CDC underwriting.

Complete Manufacturing Capital Guide

PeerSense has created the most comprehensive guide to manufacturing business loans, covering SBA programs, equipment financing, working capital, commercial real estate, and USDA B&I loans for rural manufacturers.

View Manufacturing Capital Guide

When SBA Doesn't Fit

When SBA loans aren't the right fit, we have other solutions

Private Credit & Bridge Loans

When SBA timing doesn't work or the deal doesn't fit SBA boxes

$10M to $100M7 to 21 days

Equipment Financing

All credit profiles, startup friendly, faster than SBA

$10M to $100M3 to 7 days

Asset Based Lending

Revolving lines against receivables and inventory

$10M to $50M2 to 4 weeks

Working Capital Loans

Fast funding for payroll, inventory, and operational gaps

$10M and up24hr to 5 days

SBA Exit Refinance

Convert variable rate SBA debt into fixed rate conventional or CMBS permanent

$10M to $50M45 to 90 days

SBA Lending Report

Compare 899 SBA lenders by volume, default rate, and program experience

Free dataInstant

Best SBA Franchise Lenders

Top SBA lenders for franchise acquisitions, ranked by historical loan performance

Free dataInstant

SBA Industry Lookup

SBA lending data by NAICS code. See which industries get the best terms

Free dataInstant

Been Denied by SBA?

SBA denial doesn't mean your deal is dead. PeerSense works with a curated network of capital sources, many of which specialize in deals that don't fit SBA boxes. We'll analyze your denial, identify alternative paths, and help you move forward.

Explore SBA Denial Alternatives

Estimate Your SBA Loan Monthly Payment

Updates instantly · Estimates only · Talk to PeerSense for committed pricing

$
%
Monthly Payment
$129,398
Principal + Interest
Total Paid
$15,527,707
Total Interest
$5,527,707

Indicative only, as of October 1, 2026. Not a quote, commitment or offer of credit. Final pricing, leverage and terms are determined by the lender at underwriting, after full transaction materials are reviewed. PeerSense sources the file. The lender sets pricing. What these terms mean.

Full SBA Loan Calculator →Get Real Quote from a Lender

SBA 7(a) Loan Pros and Cons

Pros

  • Federal guaranty can support higher leverage than a conventional bank note. Equity injection is lender underwriting.
  • Long terms (10 to 25 years)
  • Competitive rates (Prime + 2.25 to 2.75%)
  • Government guarantee reduces lender risk
  • Can be used for acquisitions, real estate, equipment, working capital

Cons

  • Slow closing (60 to 90 days typical)
  • Personal guarantee required
  • Collateral required over $500K
  • $5M maximum loan amount
  • Significant paperwork and documentation

Related Financing Options

Business Acquisition Financing

SBA, mezzanine, and seller note structures for buying a business.

Franchise Funding

Specialized SBA and conventional financing for franchise acquisitions.

Equipment Financing

Finance equipment purchases with competitive rates and flexible terms.

Free Deal Scan

Get a complimentary assessment of your deal's financing options.

SBA Exit Refinance|2.1M SBA Loan Analysis|SBA Lending Index|Compare 899 Lenders|CMBS Loans|Bridge Loans|Hotel CMBS Refinance
Capital Markets Advisory · Representative Deals

Representative SBA Closes

Anonymized case studies of SBA 7(a), 504, and franchise-buyout deals PeerSense has structured.

Customer paying at a quick service counter
$5,000,000
4 store QSR franchise portfolio (national brand)
Franchise Buyout

$5M Multi Unit Franchise Partner Buyout, 4 Store QSR Portfolio

Closed 50% partner buyout on 4 unit QSR portfolio with 4 layer stack; 71 day close incl. franchise approval.

Senior
SBA 7(a)
Y1 DSCR
0.95x
Buyout
50%
Standby Note
full standby

Operating partner needed to buy out a 50% co owner across a 4 unit QSR portfolio, with first year DSCR projected at 0.95x, below SBA's typical 1.15x floor. PeerSense placed the senior $4.25M SBA 7(a) and structured the seller note as a full standby instrument for the life of the SBA loan under SBA SOP, eliminating the need for a separate gap layer. The SBA preferred lender accepted the sub 1.0x Y1 coverage on a documented same store sales growth forecast and the sponsor's 12 year operating history. Closed in 71 days inclusive of franchisor approval and SBA Form 1919 review.

Structure
$4.25M SBA 7(a) (85%) + $750K seller note on full standby for life of the SBA loan (15%); Y1 DSCR 0.95x accepted on growth forecast + sponsor 12 year operating history
Closed in 71 daysMid Atlantic2025 to 2026

Indicative only, as of October 1, 2026. Not a quote, commitment or offer of credit. Final pricing, leverage and terms are determined by the lender at underwriting, after full transaction materials are reviewed. PeerSense sources the file. The lender sets pricing. What these terms mean.

Similar to your deal?Talk to PeerSense

Disclaimer: Case studies are anonymized representations of deal types the desk has sourced. All borrower names, specific property addresses, and identifying details have been altered or omitted to protect client confidentiality. Loan amounts, rates, LTVs, and structural details reflect typical institutional terms a capital source has set; individual deals vary with credit, sponsor, and market conditions.

Client Reviews

SBA & ROBS Clients on Working With Ed

Verified via LinkedInSBA + ROBS Funding
“Ed is an exceptional franchise broker. He offers cost-effective 401(k)/IRA ROBS solutions and SBA funding options that set him apart in the industry. Unlike most, he provides these services without any upfront fees, which is VERY rare to find. Ed also brings helpful tax strategies and ideas to the table. His network is another standout feature, connections include franchise and non-franchise attorneys, investment bankers, financial advisors, tax consultants, and private equity investors.”
Joshua MalikJoshua Malik, Founder & CEO · Joshua Tree Experts, Tree Care FranchiseVerified via LinkedIn →
Verified via LinkedInMulti-Unit Franchise
“Ed is as good as they come in his field. He is extremely persistent, knowledgeable and willing to go the extra mile for his clients. I worked with Ed for close to two years trying to find a franchise I thought was right for me. I had nearly given up hope. Then Ed called me at 6:30pm on a Friday night and he had found the perfect fit. I ended up purchasing three territories of the men's health franchise Ed presented to me.”
Jerod WolffJerod Wolff, Commercial ManagerVerified via LinkedIn →
Verified via LinkedInSBA + Institutional Capital
“Ed's expertise in financial solutions has been instrumental in our franchisee's success. He consistently demonstrates an exceptional ability to provide unique and cost-effective 401(k)/IRA ROBS solutions and SBA funding options. His network spans individuals capable of writing multi-million-dollar checks to entities prepared to invest up to one or two billion dollars. What truly sets Edward apart is his dedication to honest and straightforward communication.”
Dylan DeGroatDylan DeGroat, Director of Operations · Joshua Tree Experts FranchisingVerified via LinkedIn →
Verified via LinkedInMulti-Unit Franchise
“Ed is an exceptional leader and consultant in the franchising industry. He is consistent and thorough in his follow up and helped our brand execute our first multi-unit franchisee in the Scottsdale market. He works hard for his clients and provides them with the support and guidance to give them confidence in their decision to invest in a franchise.”
Kaitlin JohnsonKaitlin Johnson, Franchise Advisor & Development LeaderVerified via LinkedIn →
Verified via LinkedInFranchise Acquisition
“Even after I purchased the Franchise, Ed is still a part of my journey, following up to see if he can help in any way, or just being a friend and asking how things are going. I would highly recommend using Ed's company if you are considering purchasing a franchise. No pressure, only good honest information and guidance.”
Matt HammMatt Hamm, Vice President · PharmaneekVerified via LinkedIn →
Verified Reviews

Real Reviews from Borrowers & Lenders

Live reviews from our verified Google Business Profile

Talk to PeerSense

SBA 7(a) / 504: The desk will reach out. No obligation.

How big is your deal?
Where are you in the deal?
Equity or down payment ready
Credit score
Timeline to close
SBA already on the books?
What best describes your company
Liquid funds available outside this deal

Referral fee realized at closing · Or call (317) 452 6990

Deals We Structure

Originators, factoring, CMBS, and bridge. Sizes and structures only. No counterparties named. PeerSense sources capital through a curated network of commercial lenders and capital sources.

Indicative only, as of October 1, 2026. Not a quote, commitment or offer of credit. Final pricing, leverage and terms are determined by the lender at underwriting, after full transaction materials are reviewed. PeerSense sources the file. The lender sets pricing. What these terms mean.

Talk to PeerSense
The network is the trust signal Fee realized at closing

Talk to PeerSense

Occupancy, cash in, and what is on the books. No spam.

or

By submitting you agree to receive emails, calls, and texts about rates from PeerSense Capital Advisory. We do not sell or share your data.

Indicative only, as of October 1, 2026. Not a quote, commitment or offer of credit. Final pricing, leverage and terms are determined by the lender at underwriting, after full transaction materials are reviewed. PeerSense sources the file. The lender sets pricing. What these terms mean.

Talk to PeerSense

Bring occupancy, the existing SBA balance, and what is left on the cap. If both 7(a) and 504 are already used, the next stack is $10 million plus real estate with about 35 percent in. Do not send a maxed file for another 90 percent.

Talk to PeerSenseCall (317) 452 6990

899+ SBA lenders tracked · 2.1M+ loan records · Estimate your payment first →

Disclaimer: PeerSense sources capital through a curated network of commercial lenders and capital sources. All rates, terms, market data, and estimates shown on this page are approximate and subject to change based on market conditions, borrower qualifications, property specifics, and lender discretion. Nothing on this website constitutes financial, legal, or investment advice. Individual results vary. All information should be independently verified. Past performance and market data do not guarantee future results. Consult with qualified legal and financial professionals before making any financing decisions.

Deal Archetypes

Representative Deal Types We Structure

Archetypes our institutional capital advisory desk underwrites, drawn from published market ranges across CMBS, bridge, SBA, mezzanine, and private credit.

Statutory cap $5 million
SBA 7(a) Franchise Acquisition
StructureSBA 7(a), partner buyout / change of ownership
LeverageUp to 90% LTV
Term10 yr goodwill, 25 yr real estate amortization
Indicative ratePrime + 2.25 to 2.75%
ProfileMulti unit QSR / service franchise · Q1 2026

Search only. Not a growth lane. Standby seller note credited as equity.

$10 million and up
Equipment + Section 179
StructureEquipment finance / sale leaseback
LeverageUp to 100% of equipment cost
Term60 to 84 months
Indicative rate7.5 to 10.5%
ProfileManufacturing, transportation, medical, construction · Q1 2026

Search only next to the growth lanes. Structured to capture Section 179 in the current tax year.

Indicative only, as of October 1, 2026. Not a quote, commitment or offer of credit. Final pricing, leverage and terms are determined by the lender at underwriting, after full transaction materials are reviewed. PeerSense sources the file. The lender sets pricing. What these terms mean.

Have a deal like these?See how we'd structure yours

Indicative of deal types our institutional capital advisory desk structures. Not a representation of completed transactions. Specific deal data available under NDA on request.

Sources & References

SBA Loan Program Sources & References

  1. U.S. Small Business Administration: 7(a) Loan Program: Official SBA 7(a) program guidance: eligibility, terms, max amounts, fees.
  2. SBA: 504 Loan Program (CDC/504): Long term fixed rate financing for major fixed assets, including the CDC structure.
  3. SBA: Standard Operating Procedure 50 10 8: Authoritative SBA lender SOP: underwriting standards and policy reference.
  4. Federal Reserve: Selected Interest Rates (H.15): Daily Prime Rate release used to compute SBA 7(a) variable rate (Prime + 2.25 to 3.0%).
  5. SBA: Weekly Lending Report: Aggregate SBA lender approval volumes and program level statistics.

External links are provided for informational and verification purposes. PeerSense is not affiliated with and does not endorse any third party site. Information was current at the time of publication.

Go Deeper on SBA Lending

Lender shortlists, current 7(a) rate intel, and specialty SBA scenarios our advisory team places weekly.

Lender Shortlists

Editorial Guides

Specialty Scenarios

See Related Rates by Program

PeerSense covers the full commercial capital stack. These are indicative levels direct capital sources have been pricing across these programs as of October 1, 2026.

Originator warehouse

$100M a month

Focus $100 million a month. Will look at $10 million a month. $10 million is not the focus.

See current rates

Invoice Factoring

0.5 to 3.5% / 30d

B2B invoices from $20 million a month. Advance 80 to 95 percent of face.

See current rates

CMBS Conduit

5.60 to 7.10%

10 year Non Recourse fixed, $10 million and up, fully assumable

See current rates

Bridge Loans

9.00 to 14.00%

$10 million and up. Cash in about 35 percent. Name the takeout first.

See current rates

Data Center

CRS to 89%

$1 billion to $30 billion plus. Signed or guaranteed hyperscaler lease.

See current rates

Contracted revenue sale

Up to 89%

15 year lease signed or guaranteed by a hyperscaler. Size follows the lease.

See current rates

Hotel Financing

Search

Hotel financing is search only for $10 million and up, with cash in about 35 percent.

See current rates

Private Credit

7.80 to 18.00%

Non bank flexibility for commercial real estate at $10 million and up.

See current rates

DSCR Investor

Search

Search path. Portfolio and multi property DSCR of $10 million and up.

See current rates

Indicative only, as of October 1, 2026. Not a quote, commitment or offer of credit. Final pricing, leverage and terms are determined by the lender at underwriting, after full transaction materials are reviewed. PeerSense sources the file. The lender sets pricing. What these terms mean.

Page Review

Reviewed by Edward L. Freeman, Founder and Managing Director, PeerSense

  • PeerSense is a capital advisory firm that places commercial financing with direct capital sources; it does not lend, fund, or approve loans, and the capital source sets final terms.
  • Edward L. Freeman founded PeerSense in January 2020.
  • His recorded experience includes a $22 million SBA construction loan, with about $16 million funded on the deal.
  • In the 12 months through September 30, 2026, PeerSense tracked 912 publicly announced financings with a disclosed size of $361.32 billion. PeerSense Capital Data Report · Methodology page

Last reviewed LinkedIn profileAbout Edward Freeman