Longer Terms for SBA 7a Loans

Small business owners are unaware of the maximum terms allowed for SBA loans. Many lenders will go with the standard 10 years for non-CRE loans and 25 years for CRE loans.

Did you know that you can have an additional 12 months added on to your term to extend it another year? Yes, as long you have use of proceeds that include construction or leasehold improvements.

Not all are willing to give extra months on the standard maximum terms for SBA loans but we have developed strong relationships with select lenders that are willing to.

This information is available to the public and can be downloaded from SBA.gov. Download the SBA SOP 50 10 6.

Team members at Blue Water Capital Advisors have over 20 years of commercial banking experience and have significant knowledge of SBA’s policies and are always up-to-date with any changes. Reach out to us if you have a project that falls in this category or if you have questions related to SBA financing. Don’t forget to subscribe to our newsletter!