An SBA 7(a) loan is a business loan that is partially backed by the Small Business Administration (SBA). It offers no down payments, low-interest rates, and long repayment terms. These favorable terms can help both younger businesses and established businesses who may be looking to expand or improve their cash flow. With the flexibility to utilize the funds for a variety of uses, it’s designed to help you take your business to new heights!
10 years @ 10%. That's a NO BRAINER!
Loan Amounts up to $10M Terms Up To 10 Years Rates As Low As Prime + 2.5% Monthly Payments No Pre-Payment Penailties Pay Off Debt Such As MCAs Build Business Credit
Predictable Payment
Enjoy the clarity of fixed monthly payments that fit your budget, ensuring financial management is straightforward. Whether your business journey is just beginning or you’re ready to take the next step, our terms are designed to match your pace.
Expert Financial Support
Connect with our funding specialists who understand your business’s unique needs. We’re here to guide you through the application process, ensuring you find the loan terms that best fit your business scenario, with a focus on growth.
Features
Get all this with an SBA 7(a) Loan From Yova Funds
1. 10 year repayment terms
Why settle for a 6 month deal? Get yourself 10 years... or at least 5!
2. Monthly payments
NO more daily or weekly nonsense
3. No pre-payment penalties
Payoff whenever you'd like. It's your money!
4. Rates as low as 10%
10% and coming down!
Work Process
All you need to qualify
Time in business
2+ years in business
Annual Revenue
Estimated $500,000+ in the past 12 months
Personal Credit
700 credit score
Just 3 steps to get this
funding started!
General FAQ
Frequently Asked Questions
Common questions. Straight answers.
1. What if I don't have a 700 score?
Here at Yova, we're a full financial marketplace. If your score isn't 700, we offer credit repair to get you where you need to be
2. What kind of paperwork do I need for an SBA?
Well, it is a quite a bit, such as, taxes, P&L, balance sheets, etc but it's worth it. The best things are worth fighting for. In this case, the best loans are the ones that take time and patience
3. How long does an SBA take to close?
Sadly, the SBA moves as slow as a snail. Plan for roughly 60-90 days but if you need any capital to hold you over, we have other options such as a bridge loan. This can also be paid off once the SBA comes in
4. Are there any restrictions on how I can use the funds from the SBA
There are no restrictions on how you can use the funds from the SBA. You can use the capital to support various aspects of your business, such as expanding operations, purchasing equipment, hiring staff, or managing working capital. Just try not to go to Vegas with it 😉