Guide
SBA lending prices below anything on this site and takes weeks to months.
✓ Checking what you qualify for does not affect your credit score.
7(a) is the general-purpose programme; 504 is for owner-occupied real estate and heavy equipment; microloans run to $50,000 through intermediaries.
Requirements are heavier: tax returns, financial statements, a business plan for some programmes, and personal collateral pledges are common.
Merchant Fund Express does not offer SBA loans. These products exist for the timeline SBA cannot serve.
The honest framing is cost against timing: what does a six-week delay cost the business?
The minimum FICO is 500. The 650/600/550 tiers are product criteria that decide which product a file is read against, not a floor on the business. Scores in the 500s are placed routinely and are read on revenue, deposit consistency and time in business rather than on the score alone.
Running both in parallel is usually right. A term loan here can be repaid early with a 50% discount on remaining interest if the SBA loan closes.
Line of credit from 1% per month on the drawn balance, 2.49% per draw. Term loan 0% origination on weekly payments. Refinance priced with a factor rate.
The minimum FICO is 500. The 650/600/550 tiers are product criteria that decide which product a file is read against, not a floor on the business. Scores in the 500s are placed routinely and are read on revenue, deposit consistency and time in business rather than on the score alone.
Same-day decision, next business day funding on a complete file.
Yes, up to two existing positions.
Same-day decision. Applying takes a few minutes and will not affect your credit score.
