Solutions for Small Business Growth

Lendistry provides small business owners with access to affordable capital through the SBA 7(a) loan program. These government-backed loans are designed for both new and established businesses that need flexible financing to take the next step, strengthen their operations, or pursue new opportunities.

Apply now

Not ready to apply? See if you prequalify

ZApplying online is fast, easy and does not impact your credit score.

Lendistry customer DIFFERENTREGARD owners smiling in their business location
Steven L. White and Dominick Davis, DIFFERENTREGARD, Baltimore, MD

Benefits of SBA 7(a) Loans

The SBA 7(a) Loan Program is one of the most widely used small business financing options because of its competitive interest rates, low monthly payments, longer terms, and shorter prepayment structures. These features help business owners access capital on terms designed to support long-term sustainability.

Three graphics highlighting loan process: Lendistry - Partners with SBA to reduce risk an enable easier access to capital with a bank icon, Loan with a coins icon, and then Small Business(You) with a store front icon

A Streamlined Way to Apply

Our application process is fully online, fast, and simple to complete. Business owners can work through it at their own pace and from any device. Submitting an application does not impact your credit score, making it easy to explore your options without added pressure.

Work With an SBA Preferred Lender

As an SBA Preferred Lender, Lendistry SBLC, LLC has been selected by the SBA to process SBA 7(a) applications efficiently and provide a responsive experience from start to finish.

Frequently Asked Questions

What is the Small Business Administration?

The Small Business Administration (SBA) is a U.S. federal agency that helps Americans start, build, and grow businesses. The SBA provides counseling, capital, and contracting expertise to small businesses.

What is an SBA 7(a) loan?

A loan program that provides loan guaranties to designated lenders. These guaranties allow them to provide financing for small businesses. SBA 7(a) loans can be used for working capital, equipment purchase, real estate purchase, debt refinance, and more, typically offering competitive terms and lower down payments.

How are SBA 7(a) loans tied to the government?

The SBA created government guaranteed loan programs to help lenders provide capital to more small businesses. With SBA loans, the U.S. government absorbs some of the risk that lenders take on by guaranteeing a portion of the loans, allowing lenders to offer competitive terms to small businesses that may not qualify for conventional loans.

Do you have to pay back an SBA loan?

Yes, SBA loans must be paid back. The SBA guarantees loans for lenders; it does not forgive them. Defaulting on an SBA loan can lead to wage garnishments, tax and security garnishments, bank account levies, and negative credit impact.

Can you apply for an SBA loan if you have existing debt?

It depends on the type and amount of the debt and how the new loan will affect cash flow. Lenders will assess overall leverage and repayment capacity.

How long does the SBA 7(a) process take?

Typical timelines range from 30-60 days after submission, depending on completeness, collateral, and Lender processing times.

Who is eligible for an SBA 7(a) Loan?

Eligibility depends on business size, type, owner-investment, and use of proceeds. Most small, for-profit businesses with a demonstrated ability to repay and a solid business plan qualify, though there are industry and use-case limits. Visit here to learn more eligibility requirements.

Do startups qualify for SBA 7(a) Loans?

Startups can qualify if they meet SBA size standards, have a viable business plan, and the owner has relevant experience and strong repayment prospects; some programs or exceptions may apply. Lendistry requires businesses to be in operation for 2 years or more.

What is an SBA Preferred Lender?

Preferred Lenders have delegated authority to approve certain SBA loans, potentially shortening approval times and streamlining the process.

Move Forward With a Lender That Understands Small Business

If you are ready to take the first step, Lendistry’s team can help you understand which financing solution may be the best fit for your business goals.

Apply now