Only takes 5 minutes and doesn't impact your credit score1
Purchase or refinance Commercial Real Estate with an SBA loan
With fully-amortizing 25-year terms and variable interest rates, SBA 7(a) loans offered from banks in the SmartBiz network are a great option for small businesses looking to refinance an existing commercial real estate mortgage, or buy an office building or other owner-occupied commercial space.
Pre-qualify for an SBA 7(a) Commercial Real Estate Loan
Pre-qualify in as little as 5 minutes without impacting your credit score.1 Simply provide basic information online and we'll automatically tell you if you pre-qualify for an SBA commercial real estate loan from $500,000 to $5 million.
Tell us how you plan to use your funds and provide financial information about your business and its owners. Your SmartBiz Loans Relationship Manager is here to assist you at any point in the process.
You will receive a non-binding letter of intent (LOI) from a bank in the SmartBiz network outlining details of the SBA commercial real estate loan so you can negotiate terms with the property seller or your existing lender.
During the SBA commercial real estate application process, the property you're interested in will be valued. Your dedicated Relationship Manager helps facilitate this step.
Upload requested documents to complete your application. We'll work with you through the loan closing process. Funds can be wired for closing in as fast as 30 days after credit approval.
Pre-qualify for an SBA 7(a) Commercial Real Estate Loan
Pre-qualify in as little as 5 minutes without impacting your credit score.1 Simply provide basic information online and we'll automatically tell you if you pre-qualify for an SBA commercial real estate loan from $500,000 to $5 million.
Provide Financial Information
Tell us how you plan to use your funds and provide financial information about your business and its owners. Your SmartBiz Loans Relationship Manager is here to assist you at any point in the process.
Accept Your Letter of Intent
You will receive a non-binding letter of intent (LOI) from a bank in the SmartBiz network outlining details of the SBA commercial real estate loan so you can negotiate terms with the property seller or your existing lender.
Conduct Property Valuation
During the SBA commercial real estate application process, the property you're interested in will be valued. Your dedicated Relationship Manager helps facilitate this step.
Get Funded
Upload requested documents to complete your application. We'll work with you through the loan closing process. Funds can be wired for closing in as fast as 30 days after credit approval.
What it costs
The SBA Commercial Real Estate Loans offered by the preferred SBA lending banks in the SmartBiz lending network feature low rates, long terms, and no balloon payments.
1. We conduct a soft credit pull that will not affect your credit score. However, in processing your loan application, the lenders with whom we work will request your full credit report from one or more consumer reporting agencies, which is considered a hard credit pull and happens after your application is in the funding process and matched with a lender who is likely to fund your loan
2. Numbers based on internal reporting and metrics
3. Based on FY2020 SBA loans data released by the SBA for SBA 7(a) loans under $350,000
4. This calculator is a tool meant to help you estimate monthly payment amounts based on the information you enter. The monthly payment provided is an estimate meant for illustrative purposes only, loan sizes, interest rates, and loan terms vary and are determined by the applicant's credit profile.
%20(1).jpg?width=680&name=AdobeStock_235640171%20(1)%20(1).jpg)