SBA 7A Loans | Sunstate Bank
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Business

SBA 7(a) Loans

Flexible financing for growing businesses — now available at Sunstate Bank

The SBA 7(a) program helps eligible small businesses access long-term, working capital to expand, purchase equipment, acquire real estate, refinance eligible debt, or even buy a business. With Sunstate Bank, you’ll get personal guidance from real bankers, plus a streamlined application experience through our trusted lending partner, iBusiness Funding.

Start your application on iBusiness

Two waiters standing together and laughing

Why Choose an SBA 7(a) Loan?

Broad, Flexible Uses

Working capital, equipment, real estate, business acquisition, and refinancing eligible business debt.

Lower Payments, Longer Terms

SBA-backed terms can improve cash flow and reduce monthly obligations compared with conventional loans.

Backed By The SBA, Delivered By Lenders

SBA sets guidelines and reduces lender risk; loans are provided by approved lenders.

Program at Glance

  • Loan Amounts: Typically $10,000 up to $5,000,000 (Small Loans often up to $350,000; Standard Loans above that range).
  • Typical Terms: ~10–25 years depending on use (e.g., working capital vs. real estate).
  • Rate framework: Commonly indexed to Prime within SBA guidelines; actual rates vary by loan size/structure and credit profile.
  • Collateral: May be required depending on loan size, use of proceeds, and SBA/lender policies.
  • Fees: May include SBA guaranty and packaging fees; some fees can be financed. (Final eligibility, rates, and terms determined after full application review within SBA guidelines.)

 

Eligible Uses

  • Working capital for day‑to‑day expenses
  • Equipment purchase and installation
  • Commercial real estate: purchase, improvements, or refinance (eligible scenarios)
  • Refinance eligible business debt
  • Business acquisition or partner buyout

        (All uses must meet SBA program rules and lender eligibility criteria)

A woman hanging an OPEN sign on the door of her business

Who It Is For

  • U.S.-based, for‑profit small businesses that meet SBA size standards
  • Creditworthy owners with a sound business purpose and ability to repay
  • Startups and established businesses (subject to SBA and lender requirements)

(Your banker can help assess whether the SBA 7(a) program is a good fit for your situation.)

Why Choose Sunstate?

  • Trusted local institution since 1999
  • Voted Miami-Dade’s Favorite Bank in 2023, 2024, & 2025
  • Friendly, multilingual support in English, Spanish, and Portuguese
  • 5-star BauerFinancial rating since 2016

A female lender

How To Apply

1. Check Fit & Prepare

Your banker will help confirm SBA 7(a) suitability and identify documents (financials, ownership, use of funds).

2. Apply Online VIa Our Lending Partner

Submit your information securely through iBusiness Funding’s application portal.

Start your application on iBusiness

3. Underwriting & Decision

Your application will be reviewed in accordance with SBA and lender guidelines.

 [sba.gov]

4. Close & Fund

Upon approval, we’ll coordinate closing and funding details based on your timeline and use of proceeds.

Ready to Apply?

Start your application online using following link, or visit a Sunstate Bank branch in Coral Gables, West Miami, or The Falls to get support from a Small Business Banker.

Apply Now

Service provider disclosure: SBA 7(a) applications are supported through iBusiness Funding, a third‑party service provider. Sunstate Bank retains responsibility for credit decisions and loan origination.

 

Not a commitment to lend: All applications are subject to credit approval, SBA eligibility, and lender requirements. Terms and availability may change without notice.

 

Eligibility & approval: Meeting minimum criteria does not guarantee approval. Final decisions follow a full application review.

 

Rate & term variability: Rates, terms, and fees depend on market conditions and borrower qualifications within SBA program limits.

 

Nondiscrimination: The SBA prohibits discrimination on the basis of race, color, national origin, sex, age, disability, or marital status.

 

Privacy: Information submitted through the iBusiness Funding portal is subject to the privacy policies of both Sunstate Bank and iBusiness Funding.

 

Equal Housing Lender: Loans secured by real estate are subject to the Equal Housing Lender requirements.