Sba 7a Loan Requirements 2024. The sba 7(a) loan is a popular financing option for small businesses, offering favorable rates and flexible repayment. For most 7(a) loan programs, sba guarantees up to 85 percent of loans of $150,000 or less, and up to 75 percent of loans above $150,000.
The maximum amount of funding is typically $5 million, with repayment terms of up to 25 years for real estate and 10 years for working capital. An sba 7(a) loan is the flagship sba loan program and includes several financing options, including standard 7(a) loans, express loans and caplines.