An SBA (Small Business Administration) loan is a government-backed financing option designed to help small businesses access capital they may not qualify for through conventional lending. The SBA guarantees a portion of the loan, reducing the risk for lenders and making it easier for businesses to secure favorable terms.

We advise on a range of SBA loan programs, including: SBA 7(a) — the most common, used for working capital, equipment, and business acquisitions SBA 504 — ideal for purchasing commercial real estate or large equipment SBA Microloans — smaller loan amounts for startups and early-stage businesses SBA Express Loans — faster turnaround for businesses needing quick access to capital

Loan amounts vary by program. SBA 7(a) loans go up to $5 million, SBA 504 loans can reach $5.5 million or more, and Microloans are available up to $50,000. The right amount depends on your business needs, revenue, and qualifications.

While requirements vary by lender and program, most SBA loans require that you: Operate a for-profit business in the U.S. Meet the SBA's size standards for a "small business" Have a reasonable credit history Demonstrate ability to repay the loan Have invested equity into the business

Timelines vary depending on the loan type and lender. SBA Express loans can close in 30–45 days, while standard 7(a) and 504 loans typically take 60–90 days from application to funding. Working with an advisor helps streamline the process and avoid unnecessary delays.

Most SBA loan applications require: Business and personal tax returns (2–3 years) Business financial statements (P&L, balance sheet) Business plan or use-of-funds statement Business and personal bank statements Legal documents (business licenses, articles of incorporation, etc.) Personal financial statement

Most lenders prefer a personal credit score of 650 or higher, though some programs and lenders may work with scores as low as 620. Strong business financials can sometimes offset a lower personal credit score.

Our fee structure is transparent and discussed upfront during your consultation. We work to ensure that our advisory services deliver clear value at every stage of the loan process — from preparation to closing.

Going directly to a lender without preparation can result in delays, unfavorable terms, or outright denial. As your advisor, we assess your readiness, identify the best-fit lenders for your profile, prepare your application for maximum strength, and advocate on your behalf — significantly improving your chances of approval and securing better terms.

Getting started is simple. Contact Summora Capital to schedule a complimentary consultation. We'll review your business goals, financial position, and identify the best path forward for your financing needs.