SBA Loans
Big solutions for your small business
Get the financing you need with EverBank’s Small Business Administration (SBA) loan solutions. Our dedicated experts can help you secure the funding your business needs to grow.
What is an SBA loan?
Sometimes, small business owners need help securing loans to grow or maintain their business. To help owners receive funding from banks and commercial lenders, the U.S. Small Business Administration (SBA) can assist in securing SBA loans with certain terms and loan limits. These loans can help cover a variety of expenditures, including working capital needs, expansions, real estate purchases and more.
The EverBank advantage
- Expertise
Backed by deep experience in SBA lending, our industry professionals understand the nuances of your business and can provide smart solutions to fit your needs.
- Service
Our dedicated team takes the time to understand your business – offering responsive, relationship-driven service that puts your goals first.
- Strength & stability
We have a decades-long record of consistent operating performance, built on a strong capital base and disciplined approach to risk management.
Financing options for your business needs
Turn your business goals into real results with an SBA loan from EverBank.
SBA 7(a) loans
Acquire or expand your small business with a multipurpose SBA 7(a) loan. Available with flexible terms and up to $5M in financing.
Use of proceeds
- Acquiring, refinancing, or improving real estate and buildings
- Short- and long-term working capital
- Refinancing current business debt
- Purchasing and installation of machinery and equipment, including AI-related expenses
- Purchasing furniture, fixtures, and supplies
- Changes of ownership (complete or partial)
Eligibility requirements
- Conduct business for profit
- Have no other resources to provide the financing
- Be able to demonstrate repayment from the business’s cash flow
- Exhibit business management capability
SBA 504 loans
Purchase commercial real estate, finance improvements and acquire heavy equipment with an SBA 504 loan. Get up to $5.5M in financing with long-term, fixed rates available.
Use of proceeds
- The purchase or construction of existing buildings or land, and new facilities
- Improvement or modernization of land, streets, utilities, parking lots and landscaping, as well as existing facilities
- Purchasing long-term machinery and equipment (10-yr min.)
Eligibility requirements
- Occupy 51% or more of the space of an existing facility to be purchased; or 60% or more of the space in a new facility being constructed
- Be an existing, for-profit business
- Have a net worth of less than $20 million
- Have an average profit for 2 years combined of $6.5 million or less
Get started today
How to apply and what to expect
Our specialists are ready to assist you from start to close. And after closing, you'll have access to our SBA servicing team, financial center network and online business banking resources.
Monday – Friday, 8 a.m. – 5 p.m. (ET)
- Consultation & application
An experienced SBA lender will discuss your options and provide assistance throughout the application process.
- Underwriting
Our SBA underwriting team reviews the request and makes decisions on the loan.
- Approval & closing
Upon approval, our SBA closing team will guide you through the final phase of your loan.
Business banking solutions
Keep your daily operations humming with EverBank’s suite of business banking solutions. From high-yield checking and money market accounts to value-add tools and services, we can help you strategically grow and manage your finances.
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