7(a) loan program

The 7(a) program is the most common federal government financing for small business loans of up to $2 million. It also is the government's most flexible business loan program.

The 7(a) serves as the SBA's primary business loan program to help qualified small businesses obtain financing. Loan proceeds can be used for most business purposes including working capital, machinery, equipment, furniture and fixtures, and real estate. The typical borrower is an existing business.