SBA 7A Loan Program

SBA 7A program

Jump-start your business with the new SBA 7A niche program! Let Clara Capital finance your real estate expansion, equipment upgrade, or inventory purchase.

Our SBA 7A loans are underwritten on a case-by-case basis, allowing us to obtain approvals on difficult exception-based files. If your local bank turned you down for an SBA loan, let us see if we can fit you into one of our preferred lender buckets of capital.

SBA 7a loan program requirements

• LTC: Up to 90%
• Prepayment penalty: 5% year 1, 3% year 2, 1% year 3, 0% year 4 (no penalty if 10 year term or less)
• Seller seconds are allowed if applicable
• Full recourse
• Term: 25 years (10 years w/out real estate)
• Amortization: 25 years; adjusts quarterly (10 years w/out real  estate)
• Closing timeframe: 60 days