How To Get a SBA 504 and 7(a) loan
Getting a Ready Set Funds SBA 504 and 7(a) loan is really a simple process.
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Let Us Know About Your Small Business
Answer a few simple questions about your small business in our short online application and find out if you qualify for a SBA 504 and 7(a) loan in just a few seconds!
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Review Your Options With One Of Our SBA 504 and 7(a) loan Specialists
We’ll reach out to you and have you tell us your story to help us understand your small business. Then we’ll explain your funding options while answering any questions you may have during the SBA 504 and 7(a) loan process.
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Submit Basic Financial Records
To ensure we have all the information we need to get you the SBA 504 or 7(a) loan that is the best fit for your company. Submitting your financial statements online to us is absolutely secure!
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Accept Final Offer and Business Loan Terms
After a careful review of your loan application, our team will deliver a final customized offer with your business loan terms. Sign off and that’s it!
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Receive Funding
Once you sign off on the terms your funds will be deposited into your bank account. Now it’s up to you to get growing!
How Much Is A SBA 504 and 7(a) loan?
Use our business loan calculator to get an estimated idea of what your monthly payment may be & what a business loan may cost.
Can I afford a SBA 504 and 7(a) loan?
Calculate your Monthly Payment with our Business Loan Calculator, then make sure it is less than 80% of your personal and business’s monthly income after deducting all of your existing monthly expenses. For example, if your household’s income after expenses and existing debt payments is $1,000 per month, we recommend you apply for a loan that would not exceed an $800 monthly payment.