Pre-qualification call
We confirm SBA eligibility before you spend time on paperwork.
Funding option
SBA Loans
Some of the lowest rates available, if you can wait. Government-backed financing with longer terms and lower rates for qualified businesses.
Written and reviewed by the BFG Funds Editorial Team · Updated October 15, 2026
- Funding amount
- $50K – $2M
- Speed to funding
- 30–60 days
- Typical term
- Up to 10 years (25 for real estate)
- Typical cost
- Rates are capped by the SBA at the Prime rate plus a maximum spread that depends on loan size, plus an SBA guarantee fee
Overview
Is sba loans the right fit?
SBA 7(a) and 504 programs are partially guaranteed by the U.S. Small Business Administration, which lets lenders offer longer terms and materially lower rates. The trade-off is documentation and time.
- Long-term expansion where monthly payment matters most
- Commercial real estate purchases
- Established businesses consolidating debt
Pros
- Lowest rates for most small businesses
- Long terms keep payments low
- Can finance real estate
Cons
- Slow — weeks, not days
- Heavy documentation
- Strict eligibility and possible collateral
How it works
From application to funded in four steps
Document package
Two years of tax returns, financials, debt schedule and a use-of-funds summary.
Lender matching
We place your file with SBA lenders active in your industry.
Approval and closing
Commitment letter, closing conditions, then funding — typically 30–60 days.
Typical time to funding for this program: 30–60 days.
SBA Loans FAQ
Is BFG Funds an SBA lender?
No. SBA loans are made by SBA-approved lenders. BFG Funds helps you prepare your file and connects you with lenders that are active in your industry and loan size.
What is the difference between SBA 7(a) and 504?
7(a) is the general-purpose program (working capital, equipment, refinancing, acquisitions, real estate). 504 is designed for major fixed assets such as buildings and heavy equipment, split between a bank and a Certified Development Company.
Why does an SBA loan take so long?
Lenders must document SBA eligibility, analyze tax returns and financials, and often secure collateral. A complete document package up front is the best way to shorten the timeline.
Other funding options
Business Line of Credit
Draw only what you need, when you need it. Revolving capital that refills as you repay.
Learn moreWorking Capital
Cover payroll, inventory and seasonal gaps with fast, unsecured short-term funding.
Learn moreTerm Loan
A lump sum with fixed payments and clear terms for planned expansion or big purchases.
Learn moreTell us about your business
A few details are all we need to start. A funding specialist will look at what your business needs and come back with the options that fit — usually the same business day. There's no obligation.
- Checking your options won't affect your credit
- You talk to one specialist, not a call center
- Many decisions come within 24 to 48 hours